458 S Jackson StFrankfortIN46041
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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 Frankfort at 458 S Jackson St, Frankfort, IN, 46041 with 5% annual appreciation on a $279,000 basis while $2,678/mo rent supports operations. Total monthly income totals $2,678/mo and a $1,366/mo payment preserves $1,003/mo for cash returns. Annual cash flow comes to $12,033/yr on $92,489 deployed, and return on cash invested reaches 32.92% in year one. Equity gained on principal adds $1,800/yr, and five-year appreciation sums $77,083 alongside rental yield of 11.52%. Five-year ROI measures 172.37% and total cumulative return in cash totals $159,427.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,678/mo property income versus a $1,366/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1880
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46041, Frankfort, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,792 (100%) |
| Owner Occupied HU | 6,307 (64.4%) |
| Renter Occupied HU | 2,766 (28.2%) |
| Vacant Housing Units | 719 ( 7.3%) |
| Median Home Value | $177,745 |
| Average Home Value | $249,421 |
Housing Distribution
Address Breakdown
Residential
9,312
Single Family
8,983
Multi-Family
329
Businesses
701
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