420 W Main 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 420 W Main St, Jasonville, IN, 47438 priced at $149,900 converts $1,447/mo rent into $547/mo cash flow after a $734/mo obligation. Total monthly income equals $1,447/mo, and annual cash flow totals $6,562/yr on $49,692 invested. Return on cash invested prints 33.12% in year one, and rental yield reads 11.58% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 173.41% and total cumulative return in cash sums $86,171. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,447/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 2020
0.44 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: ALLIE JACKSON • KEY ASSOCIATES
Mls Name: THAAR
Mls ID: #107939