1024 W State Road 352BoswellIN47921
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 1024 W State Road 352, Boswell, IN, 47921 in Boswell. Rental yield 6.46%. The 1.20 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $123,333 and $4,111/yr in principal reduction project total return of $151,220.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 7.5% |
| Monthly Cash Flow | $(276) | $600 |
City averages based on Boswell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,404 |
| Total Monthly Debt Service | $2,502 |
| DSCR Ratio | 0.96x |
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 1919
7.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47921, Boswell, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 467 (100%) |
| Owner Occupied HU | 296 (63.4%) |
| Renter Occupied HU | 115 (24.6%) |
| Vacant Housing Units | 56 (12.0%) |
| Median Home Value | $205,556 |
| Average Home Value | $192,475 |
Housing Distribution
Address Breakdown
Residential
319
Single Family
319
Multi-Family
0
Businesses
34
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 1919
7.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47921, Boswell, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 467 (100%) |
| Owner Occupied HU | 296 (63.4%) |
| Renter Occupied HU | 115 (24.6%) |
| Vacant Housing Units | 56 (12.0%) |
| Median Home Value | $205,556 |
| Average Home Value | $192,475 |
Housing Distribution
Address Breakdown
Residential
319
Single Family
319
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices