801 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 801 S Meridian St, Jasonville, IN, 47438 offers a 9.1% rental yield on a $124,900 purchase with $947/mo rent. Total monthly income registers $947/mo, and a $611/mo payment leaves $198/mo available for distribution. Annual cash flow reaches $2,371/yr on $41,404 to close, and return on cash invested stands at 25.64% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 133.34% and total cumulative return in cash at $55,210. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $947/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
7,560 sqft 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: JANICE K CLIDIENST • SIGNATURE REAL ESTATE
Mls Name: THAAR
Mls ID: #107999