602 W Jackson StHebronIN46341
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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 Hebron at 602 W Jackson St, Hebron, IN, 46341 priced at $304,995 pairs $2,510/mo rent with $679/mo cash flow after a $1,493/mo payment. Total monthly income equals $2,510/mo, and annual cash flow comes to $8,148/yr on $101,106 invested. Return on cash invested is 27.97% in year one, and rental yield stands at 9.88% on a $304,995 basis. Equity gained on principal adds $1,968/yr, and 5% annual appreciation accumulates to $84,265 by year five. Five-year ROI measures 145.8% and total cumulative return in cash reaches $147,416. For financing, Ziffy Mortgage’s DSCR program evaluates $2,510/mo property income against a $1,493/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46341, Hebron, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,266 (100%) |
| Owner Occupied HU | 3,527 (82.7%) |
| Renter Occupied HU | 584 (13.7%) |
| Vacant Housing Units | 155 ( 3.6%) |
| Median Home Value | $317,044 |
| Average Home Value | $336,961 |
Housing Distribution
Address Breakdown
Residential
3,973
Single Family
3,553
Multi-Family
420
Businesses
133
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