10316 Boyd Hollow RdShoalsIN47581
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 10316 Boyd Hollow Rd, Shoals, IN, 47581 in Shoals. Priced at $235,000, it generates $1,981/mo in gross rent and $571/mo in net monthly cash flow, a 10.12% yield that comfortably supports the 1.87 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,846. Five-year appreciation: $64,926. Equity from principal paydown: $2,164/yr. Total projected cumulative return: $125,612.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.0% |
| Monthly Cash Flow | $571 | $300 |
City averages based on Shoals market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,981 |
| Total Monthly Debt Service | $1,317 |
| DSCR Ratio | 1.50x |
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.
Manufactured
Built in 2001
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47581, Shoals, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,723 (100%) |
| Owner Occupied HU | 1,165 (67.6%) |
| Renter Occupied HU | 285 (16.5%) |
| Vacant Housing Units | 273 (15.8%) |
| Median Home Value | $172,500 |
| Average Home Value | $214,461 |
Housing Distribution
Address Breakdown
Residential
1,368
Single Family
1,368
Multi-Family
0
Businesses
92
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
Manufactured
Built in 2001
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47581, Shoals, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,723 (100%) |
| Owner Occupied HU | 1,165 (67.6%) |
| Renter Occupied HU | 285 (16.5%) |
| Vacant Housing Units | 273 (15.8%) |
| Median Home Value | $172,500 |
| Average Home Value | $214,461 |
Housing Distribution
Address Breakdown
Residential
1,368
Single Family
1,368
Multi-Family
0
Businesses
92
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices