105 N Main StModocIN47358
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play105 N Main St, Modoc, IN, 47358 in Modoc is priced for appreciation, not yield. Rental yield 0%. At $149,000 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $41,166 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 12.0% |
| Monthly Cash Flow | $0 | $800 |
City averages based on Modoc market data in our database. Property projections are estimates.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47358, Modoc, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 402 (100%) |
| Owner Occupied HU | 296 (73.6%) |
| Renter Occupied HU | 60 (14.9%) |
| Vacant Housing Units | 46 (11.4%) |
| Median Home Value | $203,125 |
| Average Home Value | $242,373 |
Housing Distribution
Address Breakdown
Residential
314
Single Family
314
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47358, Modoc, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 402 (100%) |
| Owner Occupied HU | 296 (73.6%) |
| Renter Occupied HU | 60 (14.9%) |
| Vacant Housing Units | 46 (11.4%) |
| Median Home Value | $203,125 |
| Average Home Value | $242,373 |
Housing Distribution
Address Breakdown
Residential
314
Single Family
314
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices