509 Magnolia StNorth JudsonIN46366
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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 North Judson at 509 Magnolia St, North Judson, IN, 46366 with 5% annual appreciation on a $184,900 basis while $1,424/mo rent supports operations. Total monthly income totals $1,424/mo and a $905/mo payment preserves $314/mo for cash returns. Annual cash flow comes to $3,769/yr on $61,294 deployed, and return on cash invested reaches 26.06% in year one. Equity gained on principal adds $1,193/yr, and five-year appreciation sums $51,084 alongside rental yield of 9.24%. Five-year ROI measures 135.65% and total cumulative return in cash totals $83,143.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,424/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46366, North Judson, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,537 (100%) |
| Owner Occupied HU | 1,865 (73.5%) |
| Renter Occupied HU | 450 (17.7%) |
| Vacant Housing Units | 222 ( 8.8%) |
| Median Home Value | $171,776 |
| Average Home Value | $195,007 |
Housing Distribution
Address Breakdown
Residential
2,426
Single Family
2,395
Multi-Family
31
Businesses
115
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Listed by: Amber Otto • RE/MAX Executives
Mls Name: NIRA
Mls ID: #832193