2470 Jordan RdMartinsvilleIN46151
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 Martinsville at 2470 Jordan Rd, Martinsville, IN, 46151 earns $342/mo cash flow from $1,698/mo rent with a $1,106/mo payment. Total monthly income totals $1,698/mo, and annual cash flow totals $4,099/yr on $74,886 capital. ROI tracks 25.38% on current figures, and rental yield reads 9.02% at a $225,900 purchase. Equity gained on principal adds $1,458/yr, and 5% annual appreciation supports $62,412 over five years. Five-year ROI reaches 131.97% and total cumulative return in cash sums $98,823. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,698/mo property income instead of your personal income.
Single Family
Built in 1953
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46151, Martinsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,840 (100%) |
| Owner Occupied HU | 10,004 (72.3%) |
| Renter Occupied HU | 2,981 (21.5%) |
| Vacant Housing Units | 855 ( 6.2%) |
| Median Home Value | $262,165 |
| Average Home Value | $300,956 |
Housing Distribution
Address Breakdown
Residential
13,100
Single Family
12,777
Multi-Family
323
Businesses
747
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A