206 E John StAlexandriaIN46001
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Alexandria at 206 E John St, Alexandria, IN, 46001 with 5% annual appreciation on a $132,900 basis while $1,320/mo rent supports operations. Total monthly income totals $1,320/mo and a $650/mo payment preserves $523/mo for cash returns. Annual cash flow comes to $6,272/yr on $44,056 deployed, and return on cash invested reaches 34.15% in year one. Equity gained on principal adds $858/yr, and five-year appreciation sums $36,718 alongside rental yield of 11.92%. Five-year ROI measures 178.98% and total cumulative return in cash totals $78,853.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,320/mo property income versus a $650/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1890
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46001, Alexandria, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,069 (100%) |
| Owner Occupied HU | 3,388 (66.8%) |
| Renter Occupied HU | 1,108 (21.9%) |
| Vacant Housing Units | 573 (11.3%) |
| Median Home Value | $178,912 |
| Average Home Value | $205,941 |
Housing Distribution
Address Breakdown
Residential
4,471
Single Family
4,461
Multi-Family
10
Businesses
216
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Listed by: Ben Grise • List With Ben, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22073874