103 Deep Water CtGenevaIN46740
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 103 Deep Water Ct, Geneva, IN, 46740 in Geneva earns a 9.46% gross yield at $288,900. Rent of $2,278/mo nets $543/mo after the $1,299/mo mortgage. The 1.75 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $79,818 and $2,661/yr in equity accumulation project a total cumulative return of $144,319.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 7.0% |
| Monthly Cash Flow | $543 | $300 |
City averages based on Geneva market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,278 |
| Total Monthly Debt Service | $1,619 |
| DSCR Ratio | 1.41x |
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 1971
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46740, Geneva, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,394 (100%) |
| Owner Occupied HU | 1,041 (74.7%) |
| Renter Occupied HU | 252 (18.1%) |
| Vacant Housing Units | 101 ( 7.2%) |
| Median Home Value | $231,954 |
| Average Home Value | $290,639 |
Housing Distribution
Address Breakdown
Residential
1,120
Single Family
1,080
Multi-Family
40
Businesses
56
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 1971
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46740, Geneva, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,394 (100%) |
| Owner Occupied HU | 1,041 (74.7%) |
| Renter Occupied HU | 252 (18.1%) |
| Vacant Housing Units | 101 ( 7.2%) |
| Median Home Value | $231,954 |
| Average Home Value | $290,639 |
Housing Distribution
Address Breakdown
Residential
1,120
Single Family
1,080
Multi-Family
40
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices