509 E Sycamore StJasonvilleIN47438
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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 Jasonville at 509 E Sycamore St, Jasonville, IN, 47438 with 5% annual appreciation on a $110,000 basis while $1,450/mo rent supports operations. Total monthly income totals $1,450/mo and a $538/mo payment preserves $790/mo for cash returns. Annual cash flow comes to $9,481/yr on $36,465 deployed, and return on cash invested reaches 45.91% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 15.82%. Five-year ROI measures 242.17% and total cumulative return in cash totals $88,308.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,450/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47438, Jasonville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,920 (100%) |
| Owner Occupied HU | 1,282 (66.8%) |
| Renter Occupied HU | 417 (21.7%) |
| Vacant Housing Units | 221 (11.5%) |
| Median Home Value | $108,130 |
| Average Home Value | $143,028 |
Housing Distribution
Address Breakdown
Residential
1,864
Single Family
1,837
Multi-Family
27
Businesses
81
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Listed by: Zach Owens • Country View Realty
Mls Name: IRMLS
Mls ID: #202600706