230 W Elm StJamestownIN46147
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
Investment Highlights
Investment property for sale in Jamestown at 230 W Elm St, Jamestown, IN, 46147 uses $86,157 cash to close to unlock $14,399/yr annual cash flow and $1,200/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $1,272/mo payment keeps the spread at $1,200/mo. Purchase price stands at $259,900, and rental yield measures 12.74% with $2,760/mo rent. Return on cash invested shows 36.62% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 192.22% and total cumulative return in cash records $165,610. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1961
10,018 sqft 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