230 S High StJamestownIN46147
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 230 S High St, Jamestown, IN, 46147 in Jamestown. At $125,000 it earns $1,003/mo in rent and distributes $253/mo to the owner after the $562/mo payment, a consistent 9.63% yield. DSCR 1.78 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $34,535 in value; $1,151/yr in principal paydown compounds ownership stake. Total projected return: $63,583.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.0% |
| Monthly Cash Flow | $253 | $500 |
City averages based on Jamestown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,003 |
| Total Monthly Debt Service | $701 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1919
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46147, Jamestown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,171 (100%) |
| Owner Occupied HU | 935 (79.8%) |
| Renter Occupied HU | 163 (13.9%) |
| Vacant Housing Units | 73 ( 6.2%) |
| Median Home Value | $277,688 |
| Average Home Value | $390,570 |
Housing Distribution
Address Breakdown
Residential
1,050
Single Family
1,036
Multi-Family
14
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1919
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46147, Jamestown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,171 (100%) |
| Owner Occupied HU | 935 (79.8%) |
| Renter Occupied HU | 163 (13.9%) |
| Vacant Housing Units | 73 ( 6.2%) |
| Median Home Value | $277,688 |
| Average Home Value | $390,570 |
Housing Distribution
Address Breakdown
Residential
1,050
Single Family
1,036
Multi-Family
14
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices