259 N Ohio StMartinsvilleIN46151
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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 Martinsville at 259 N Ohio St, Martinsville, IN, 46151 at $205,000 posts ROI 35.89% with $905/mo cash flow from $2,135/mo rent. Total monthly income equals $2,135/mo, and annual cash flow records $10,857/yr on $67,958 to close. Return on cash invested measures 35.89% and rental yield reads 12.5% at the current $205,000. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 by year five. Five-year ROI prints 188.28% and total cumulative return in cash totals $127,950.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,135/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1919
4,356 sqft 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
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