422 S Dayton StWorthingtonIN47471
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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 Worthington at 422 S Dayton St, Worthington, IN, 47471 generates $1,226/mo in rent and, after a $658/mo payment, leaves $419/mo in cash flow. Total monthly income is $1,226/mo, and annual cash flow is $5,027/yr on $44,587 invested. Return on cash invested sits at 31.18% in year one, and rental yield is 10.94% on a $134,500 entry. Equity gained on principal adds $868/yr, while 5% annual appreciation builds toward $37,160 over five years. Five-year ROI reaches 163.04% and total cumulative return in cash sums $72,696. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,226/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47471, Worthington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,188 (100%) |
| Owner Occupied HU | 826 (69.5%) |
| Renter Occupied HU | 226 (19.0%) |
| Vacant Housing Units | 136 (11.4%) |
| Median Home Value | $122,464 |
| Average Home Value | $181,262 |
Housing Distribution
Address Breakdown
Residential
1,187
Single Family
1,162
Multi-Family
25
Businesses
84
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Listed by: Risa Dyar • Risa Dyar Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509712
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.