102 S West StMilroyIN46156
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow102 S West St, Milroy, IN, 46156 in Milroy earns its strong cash-flow label: 13.39% yield, $1,696/mo rent, $783/mo net income, DSCR 2.48. The $152,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $41,995 by year five. Combined with $1,400/yr in principal paydown, total projected return reaches $107,981.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.4% | 8.0% |
| Monthly Cash Flow | $783 | $300 |
City averages based on Milroy market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,696 |
| Total Monthly Debt Service | $852 |
| DSCR Ratio | 1.99x |
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.
Single Family
Built in 1953
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46156, Milroy, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 430 (74.0%) |
| Renter Occupied HU | 105 (18.1%) |
| Vacant Housing Units | 46 ( 7.9%) |
| Median Home Value | $195,833 |
| Average Home Value | $216,936 |
Housing Distribution
Address Breakdown
Residential
326
Single Family
326
Multi-Family
0
Businesses
38
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 1953
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46156, Milroy, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 430 (74.0%) |
| Renter Occupied HU | 105 (18.1%) |
| Vacant Housing Units | 46 ( 7.9%) |
| Median Home Value | $195,833 |
| Average Home Value | $216,936 |
Housing Distribution
Address Breakdown
Residential
326
Single Family
326
Multi-Family
0
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices