617 S Meridian StJasonvilleIN47438
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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 Jasonville at 617 S Meridian St, Jasonville, IN, 47438 earns $283/mo cash flow from $1,183/mo rent with a $734/mo payment. Total monthly income totals $1,183/mo, and annual cash flow totals $3,393/yr on $49,725 capital. ROI tracks 26.73% on current figures, and rental yield reads 9.46% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 139.21% and total cumulative return in cash sums $69,222. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,183/mo property income instead of your personal income.
Single Family
Built in 2023
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47438, Jasonville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,920 (100%) |
| Owner Occupied HU | 1,282 (66.8%) |
| Renter Occupied HU | 417 (21.7%) |
| Vacant Housing Units | 221 (11.5%) |
| Median Home Value | $108,130 |
| Average Home Value | $143,028 |
Housing Distribution
Address Breakdown
Residential
1,864
Single Family
1,837
Multi-Family
27
Businesses
81
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Listed by: MYRA TAYLOR • AMAZING REAL ESTATE, LLC
Mls Name: THAAR
Mls ID: #108091