810 E Main St, Jasonville, IN, 47438 | $522/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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810 E Main St, Jasonville, IN, 47438 | $522/mo Cash Flow | Ziffy

For Sale

Rental Income

Listed for sale 5 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Jasonville at 810 E Main St, Jasonville, IN, 47438 with 5% annual appreciation on a $110,000 basis while $1,182/mo rent supports operations. Total monthly income totals $1,182/mo and a $538/mo payment preserves $522/mo for cash returns. Annual cash flow comes to $6,265/yr on $36,465 deployed, and return on cash invested reaches 37.09% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 12.89%. Five-year ROI measures 194.85% and total cumulative return in cash totals $71,052.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,182/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1952

0.71 Acres lot

$N/A/sqft

No HOA

More details about the property

This versatile two-story property offers immediate functionality with future income potential. The upstairs unit is a move-in-ready 1 bedroom, 1 bathroom featuring a comfortable layout and all appliances included, making it ideal for instant rental or owner occupancy. The downstairs level provides excellent value-add potential and can be converted into a 2 bedroom, 1 bathroom apartment for dual rental income, or utilized as office or flex space to suit your investment strategy. The downstairs unit also includes a large attached garage, offering added functionality and appeal, along with an insulated storage roomperfect for secure storage. The property is situated on three city lots totaling approximately 0.71 acres, providing additional value, expansion potential, or outdoor use. Major capital improvements have already been completed, reducing future maintenance costs and increasing long-term value, including a new roof (2025), new upstairs furnace (2024), new hot water heater (2021), new circuit breaker box (2020), and updated downstairs wiring (2008). With strong bones, recent updates, and multiple income possibilities, this property is well-suited for house hacking, long-term rental, short-term rental, or mixed-use investment. Dont miss the opportunity to maximize returns with this flexible and well-maintained asset.

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