346 N Jefferson StKnightstownIN46148
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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 Knightstown at 346 N Jefferson St, Knightstown, IN, 46148 uses $56,024 cash to close to unlock $7,976/yr annual cash flow and $665/mo monthly cash flow. Total monthly income runs $1,679/mo, and a $827/mo payment keeps the spread at $665/mo. Purchase price stands at $169,000, and rental yield measures 11.92% with $1,679/mo rent. Return on cash invested shows 34.15% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 178.99% and total cumulative return in cash records $100,279. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,679/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46148, Knightstown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,206 (100%) |
| Owner Occupied HU | 1,559 (70.7%) |
| Renter Occupied HU | 458 (20.8%) |
| Vacant Housing Units | 189 ( 8.6%) |
| Median Home Value | $233,295 |
| Average Home Value | $261,750 |
Housing Distribution
Address Breakdown
Residential
2,056
Single Family
1,995
Multi-Family
61
Businesses
185
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Listed by: Donna Showalter • Legacy Real Estate Partners Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202507466
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.