560 S Jefferson StMontpelierIN47359
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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 Montpelier at 560 S Jefferson St, Montpelier, IN, 47359 offers a 0% rental yield on a $119,000 purchase with $0/mo rent. 81% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
7,274 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47359, Montpelier, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,259 (100%) |
| Owner Occupied HU | 822 (65.3%) |
| Renter Occupied HU | 262 (20.8%) |
| Vacant Housing Units | 175 (13.9%) |
| Median Home Value | $129,487 |
| Average Home Value | $187,089 |
Housing Distribution
Address Breakdown
Residential
1,194
Single Family
1,194
Multi-Family
0
Businesses
86
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Tina Coons • RE/MAX Real Estate Groups
Mls Name: IRMLS
Mls ID: #202603382