605 E Jackson StMulberryIN46058
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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 Mulberry at 605 E Jackson St, Mulberry, IN, 46058 earns $257/mo cash flow from $1,578/mo rent with a $1,077/mo payment. Total monthly income totals $1,578/mo, and annual cash flow totals $3,086/yr on $72,930 capital. ROI tracks 24.14% on current figures, and rental yield reads 8.61% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 125.35% and total cumulative return in cash sums $91,415. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,578/mo property income instead of your personal income.
Single Family
Built in 1996
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46058, Mulberry, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 900 (100%) |
| Owner Occupied HU | 669 (74.3%) |
| Renter Occupied HU | 139 (15.4%) |
| Vacant Housing Units | 92 (10.2%) |
| Median Home Value | $241,164 |
| Average Home Value | $344,062 |
Housing Distribution
Address Breakdown
Residential
517
Single Family
489
Multi-Family
28
Businesses
34
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