970 E North StMaysIN46155
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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 Mays at 970 E North St, Mays, IN, 46155 listed at $249,900 pairs $0/mo rent with a $1,223/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.82% in year one, and rental yield registers 0% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46155, Mays, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 41 (100%) |
| Owner Occupied HU | 31 (75.6%) |
| Renter Occupied HU | 6 (14.6%) |
| Vacant Housing Units | 4 ( 9.8%) |
| Median Home Value | $231,250 |
| Average Home Value | $249,274 |
Housing Distribution
Address Breakdown
Residential
55
Single Family
55
Multi-Family
0
Businesses
4
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