10170 N 725 WCarthageIN46115
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 10170 N 725 W, Carthage, IN, 46115 in Carthage is capital appreciation. Rental yield 1.89%. The 1.89% gross yield at $425,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $117,420 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.35) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $39,815.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.9% | 8.0% |
| Monthly Cash Flow | $(1,880) | $350 |
City averages based on Carthage market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $671 |
| Total Monthly Debt Service | $2,382 |
| DSCR Ratio | 0.28x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1990
2.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46115, Carthage, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 872 (100%) |
| Owner Occupied HU | 641 (73.5%) |
| Renter Occupied HU | 174 (20.0%) |
| Vacant Housing Units | 57 ( 6.5%) |
| Median Home Value | $265,164 |
| Average Home Value | $293,658 |
Housing Distribution
Address Breakdown
Residential
559
Single Family
559
Multi-Family
0
Businesses
26
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
Single Family
Built in 1990
2.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46115, Carthage, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 872 (100%) |
| Owner Occupied HU | 641 (73.5%) |
| Renter Occupied HU | 174 (20.0%) |
| Vacant Housing Units | 57 ( 6.5%) |
| Median Home Value | $265,164 |
| Average Home Value | $293,658 |
Housing Distribution
Address Breakdown
Residential
559
Single Family
559
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices