104 E College StPaoliIN47454
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 104 E College St, Paoli, IN, 47454 in Paoli. At $179,900 it earns $1,319/mo in rent and distributes $239/mo to the owner after the $809/mo payment, a consistent 8.8% yield. DSCR 1.63 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $49,703 in value; $1,657/yr in principal paydown compounds ownership stake. Total projected return: $83,470.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 7.0% |
| Monthly Cash Flow | $239 | $300 |
City averages based on Paoli market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,319 |
| Total Monthly Debt Service | $1,008 |
| DSCR Ratio | 1.31x |
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 1926
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47454, Paoli, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,470 (100%) |
| Owner Occupied HU | 2,307 (66.5%) |
| Renter Occupied HU | 724 (20.9%) |
| Vacant Housing Units | 439 (12.7%) |
| Median Home Value | $166,919 |
| Average Home Value | $200,277 |
Housing Distribution
Address Breakdown
Residential
3,247
Single Family
3,200
Multi-Family
47
Businesses
297
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 1926
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47454, Paoli, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,470 (100%) |
| Owner Occupied HU | 2,307 (66.5%) |
| Renter Occupied HU | 724 (20.9%) |
| Vacant Housing Units | 439 (12.7%) |
| Median Home Value | $166,919 |
| Average Home Value | $200,277 |
Housing Distribution
Address Breakdown
Residential
3,247
Single Family
3,200
Multi-Family
47
Businesses
297
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debra Suddarth • Suddarth & Company
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520268
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.