421 E South D StGas CityIN46933
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
Rental property for sale in Gas City at 421 E South D St, Gas City, IN, 46933 priced at $124,400 pairs $2,170/mo rent with $1,423/mo cash flow after a $609/mo payment. Total monthly income equals $2,170/mo, and annual cash flow comes to $17,078/yr on $41,239 invested. Return on cash invested is 61.32% in year one, and rental yield stands at 20.93% on a $124,400 basis. Equity gained on principal adds $803/yr, and 5% annual appreciation accumulates to $34,369 by year five. Five-year ROI measures 324.79% and total cumulative return in cash reaches $133,941. For financing, Ziffy Mortgage’s DSCR program evaluates $2,170/mo property income against a $609/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46933, Gas City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,947 (100%) |
| Owner Occupied HU | 1,943 (65.9%) |
| Renter Occupied HU | 776 (26.3%) |
| Vacant Housing Units | 228 ( 7.7%) |
| Median Home Value | $124,795 |
| Average Home Value | $191,109 |
Housing Distribution
Address Breakdown
Residential
2,829
Single Family
2,760
Multi-Family
69
Businesses
247
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