4884 W Jamestown TrceNew PalestineIN46163
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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 New Palestine at 4884 W Jamestown Trce, New Palestine, IN, 46163 listed at $396,900 pairs $2,274/mo rent with a $1,943/mo payment. Total monthly income runs $2,274/mo. Return on cash invested measures 18.92% in year one, and rental yield registers 6.88% at a $396,900 basis. Equity gained on principal adds $2,561/yr, and annual property appreciation at 5% supports $109,656 by year five. Five-year ROI tracks 97.3% and total cumulative return in cash totals $128,019. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,274/mo property income relative to a $1,943/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46163, New Palestine, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,670 (100%) |
| Owner Occupied HU | 4,772 (84.2%) |
| Renter Occupied HU | 714 (12.6%) |
| Vacant Housing Units | 184 ( 3.2%) |
| Median Home Value | $330,678 |
| Average Home Value | $356,738 |
Housing Distribution
Address Breakdown
Residential
5,690
Single Family
5,689
Multi-Family
1
Businesses
283
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Listed by: Paul Kinslow • Quality Real Estate Solutions
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22052209