299 S California StJasonvilleIN47438
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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
Rental property for sale in Jasonville at 299 S California St, Jasonville, IN, 47438 priced at $169,900 pairs $1,293/mo rent with $273/mo cash flow after a $832/mo payment. Total monthly income equals $1,293/mo, and annual cash flow comes to $3,272/yr on $56,322 invested. Return on cash invested is 25.72% in year one, and rental yield stands at 9.13% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 133.78% and total cumulative return in cash reaches $75,350. For financing, Ziffy Mortgage’s DSCR program evaluates $1,293/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47438, Jasonville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,920 (100%) |
| Owner Occupied HU | 1,282 (66.8%) |
| Renter Occupied HU | 417 (21.7%) |
| Vacant Housing Units | 221 (11.5%) |
| Median Home Value | $108,130 |
| Average Home Value | $143,028 |
Housing Distribution
Address Breakdown
Residential
1,864
Single Family
1,837
Multi-Family
27
Businesses
81
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Listed by: JANICE K CLIDIENST • SIGNATURE REAL ESTATE
Mls Name: THAAR
Mls ID: #108345