46 Jacks StGas CityIN46933
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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 Gas City at 46 Jacks St, Gas City, IN, 46933 uses $56,024 cash to close to unlock $3,404/yr annual cash flow and $284/mo monthly cash flow. Total monthly income runs $1,298/mo, and a $827/mo payment keeps the spread at $284/mo. Purchase price stands at $169,000, and rental yield measures 9.22% with $1,298/mo rent. Return on cash invested shows 25.99% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 135.17% and total cumulative return in cash records $75,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,298/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1985
8,276 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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Listed by: Taylor Licht • RE/MAX Complete
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510596
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.