105 S Washington StPine VillageIN47975
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 105 S Washington St, Pine Village, IN, 47975 in Pine Village speaks for itself: 11.31% gross on a $225,000 price, generating $2,120/mo in rent and $770/mo in net income after the $1,012/mo debt service. DSCR 2.09, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,237 stacks alongside $62,163 in projected five-year appreciation and $2,072/yr in principal reduction. Projected total cumulative return: $134,640.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 7.0% |
| Monthly Cash Flow | $770 | $300 |
City averages based on Pine Village market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,120 |
| Total Monthly Debt Service | $1,261 |
| DSCR Ratio | 1.68x |
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 2020
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47975, Pine Village, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 334 (100%) |
| Owner Occupied HU | 251 (75.1%) |
| Renter Occupied HU | 37 (11.1%) |
| Vacant Housing Units | 46 (13.8%) |
| Median Home Value | $236,029 |
| Average Home Value | $257,908 |
Housing Distribution
Address Breakdown
Residential
209
Single Family
209
Multi-Family
0
Businesses
13
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 2020
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47975, Pine Village, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 334 (100%) |
| Owner Occupied HU | 251 (75.1%) |
| Renter Occupied HU | 37 (11.1%) |
| Vacant Housing Units | 46 (13.8%) |
| Median Home Value | $236,029 |
| Average Home Value | $257,908 |
Housing Distribution
Address Breakdown
Residential
209
Single Family
209
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ellen Hurst • Bender & Associates RE LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514830
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.