303 S Main StHudsonIN46747
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 Hudson at 303 S Main St, Hudson, IN, 46747 offers a 12.13% rental yield on a $234,900 purchase with $2,374/mo rent. Total monthly income registers $2,374/mo, and a $1,150/mo payment leaves $964/mo available for distribution. Annual cash flow reaches $11,564/yr on $77,869 to close, and return on cash invested stands at 34.76% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 182.24% and total cumulative return in cash at $141,909. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,374/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46747, Hudson, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,421 (100%) |
| Owner Occupied HU | 891 (62.7%) |
| Renter Occupied HU | 155 (10.9%) |
| Vacant Housing Units | 375 (26.4%) |
| Median Home Value | $236,990 |
| Average Home Value | $282,814 |
Housing Distribution
Address Breakdown
Residential
962
Single Family
962
Multi-Family
0
Businesses
45
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