243 S 5th StGosportIN47433
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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 Gosport at 243 S 5th St, Gosport, IN, 47433 offers a 9.53% rental yield on a $117,500 purchase with $933/mo rent. Total monthly income registers $933/mo, and a $575/mo payment leaves $228/mo available for distribution. Annual cash flow reaches $2,733/yr on $38,951 to close, and return on cash invested stands at 26.93% in year one. Equity gained on principal adds $758/yr while 5% annual appreciation supports $32,463 over five years. Portfolio math shows five-year ROI at 140.24% and total cumulative return in cash at $54,626. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $933/mo property income against a $575/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47433, Gosport, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,688 (100%) |
| Owner Occupied HU | 1,205 (71.4%) |
| Renter Occupied HU | 311 (18.4%) |
| Vacant Housing Units | 172 (10.2%) |
| Median Home Value | $213,865 |
| Average Home Value | $251,954 |
Housing Distribution
Address Breakdown
Residential
1,475
Single Family
1,475
Multi-Family
0
Businesses
49
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