521 E North A 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
Rental property for sale in Gas City at 521 E North A St, Gas City, IN, 46933 priced at $459,900 converts $882/mo rent into after a $2,251/mo obligation. Total monthly income equals $882/mo. Return on cash invested prints 5.12% in year one, and rental yield reads 2.3% against a $459,900 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,062 by year five. Five-year ROI reaches 23.32% and total cumulative return in cash sums $35,550. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $882/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.27 Acres 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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