105 S Main StKnoxIN46534
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 105 S Main St, Knox, IN, 46534 in Knox. Priced at $198,000, it generates $1,846/mo in gross rent and $632/mo in net monthly cash flow, a 11.19% yield that comfortably supports the 2.07 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,584. Five-year appreciation: $54,704. Equity from principal paydown: $1,824/yr. Total projected cumulative return: $115,766.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 7.0% |
| Monthly Cash Flow | $632 | $1,200 |
City averages based on Knox market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,846 |
| Total Monthly Debt Service | $1,135 |
| DSCR Ratio | 1.63x |
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 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46534, Knox, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,643 (100%) |
| Owner Occupied HU | 3,568 (63.2%) |
| Renter Occupied HU | 906 (16.1%) |
| Vacant Housing Units | 1,169 (20.7%) |
| Median Home Value | $184,604 |
| Average Home Value | $238,561 |
Housing Distribution
Address Breakdown
Residential
5,029
Single Family
4,940
Multi-Family
89
Businesses
335
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 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46534, Knox, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,643 (100%) |
| Owner Occupied HU | 3,568 (63.2%) |
| Renter Occupied HU | 906 (16.1%) |
| Vacant Housing Units | 1,169 (20.7%) |
| Median Home Value | $184,604 |
| Average Home Value | $238,561 |
Housing Distribution
Address Breakdown
Residential
5,029
Single Family
4,940
Multi-Family
89
Businesses
335
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wade McGee • COLLINS and CO. REALTORS - CULVER
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439198
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.