869 S Florence StJasonvilleIN47438
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 869 S Florence St, Jasonville, IN, 47438 at $165,000 posts ROI 36.1% with $738/mo cash flow from $1,729/mo rent. Total monthly income equals $1,729/mo, and annual cash flow records $8,857/yr on $54,698 to close. Return on cash invested measures 36.1% and rental yield reads 12.57% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 189.53% and total cumulative return in cash totals $103,667.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,729/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
0.39 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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Nearby investment properties with comparable prices
Listed by: Kegan Inman • Inman Realty Company LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22061488