0 S Hutchinson AveBeverly ShoresIN46301
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 0 S Hutchinson Ave, Beverly Shores, IN, 46301 in Beverly Shores: $1,576/mo in rent, $801/mo net, 14.66% gross yield, all on a $129,000 acquisition. The 2.72 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $35,640 in value, and $1,188/yr in principal paydown steadily builds equity. Projected total cumulative return: $100,440.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.7% | 6.0% |
| Monthly Cash Flow | $801 | $200 |
City averages based on Beverly Shores market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,576 |
| Total Monthly Debt Service | $723 |
| DSCR Ratio | 2.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46301, Beverly Shores, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 489 (100%) |
| Owner Occupied HU | 278 (56.9%) |
| Renter Occupied HU | 32 ( 6.5%) |
| Vacant Housing Units | 179 (36.6%) |
| Median Home Value | $555,804 |
| Average Home Value | $600,225 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
48
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
Lot
Built in N/A
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46301, Beverly Shores, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 489 (100%) |
| Owner Occupied HU | 278 (56.9%) |
| Renter Occupied HU | 32 ( 6.5%) |
| Vacant Housing Units | 179 (36.6%) |
| Median Home Value | $555,804 |
| Average Home Value | $600,225 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diana Swets • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #523977
Disclaimer: Copyright 2024 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.