611 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
Rental property for sale in Mulberry at 611 E Jackson St, Mulberry, IN, 46058 priced at $235,000 pairs $1,693/mo rent with $283/mo cash flow after a $1,150/mo payment. Total monthly income equals $1,693/mo, and annual cash flow comes to $3,390/yr on $77,903 invested. Return on cash invested is 24.26% in year one, and rental yield stands at 8.65% on a $235,000 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,926 by year five. Five-year ROI measures 125.96% and total cumulative return in cash reaches $98,128. For financing, Ziffy Mortgage’s DSCR program evaluates $1,693/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
0.25 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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Listed by: Tamara L House • RE/MAX At The Crossing
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513091
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