336 S Washington St, Jasonville, IN, 47438 | $413/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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336 S Washington St, Jasonville, IN, 47438 | $413/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Jasonville at 336 S Washington St, Jasonville, IN, 47438 priced at $154,900 pairs $1,343/mo rent with $413/mo cash flow after a $758/mo payment. Total monthly income equals $1,343/mo, and annual cash flow comes to $4,960/yr on $51,349 invested. Return on cash invested is 29.57% in year one, and rental yield stands at 10.4% on a $154,900 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,796 by year five. Five-year ROI measures 154.46% and total cumulative return in cash reaches $79,316. For financing, Ziffy Mortgage’s DSCR program evaluates $1,343/mo property income against a $758/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1957

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Very nice three-bedroom, one-and-a-half-bath home situated on a corner lot with a separate utility room and spacious screened-in back porch. The home has seen many recent updates including central air in 2020, a gas furnace in 2020, new decking and roof shingles in 2024, and new screens on the porch in 2025. Interior updates include fresh paint throughout, new vinyl laminate flooring in the kitchen, bathrooms, and utility room, a fully remodeled main bathroom with new tub and shower, toilet, and vanity, as well as an updated half bath. The property also features a new electric water heater, complete electrical rewire with 200-amp service, brand-new ceiling fans,updated lighting, and updated storm windows. This home is move-in ready with modern improvements inside and out.

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