10598 N 500 ESyracuseIN46567
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 10598 N 500 E, Syracuse, IN, 46567 in Syracuse speaks for itself: 10.52% gross on a $354,900 price, generating $3,112/mo in rent and $981/mo in net income after the $1,596/mo debt service. DSCR 1.95, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,774 stacks alongside $98,052 in projected five-year appreciation and $3,269/yr in principal reduction. Projected total cumulative return: $197,456.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 9.0% |
| Monthly Cash Flow | $981 | $300 |
City averages based on Syracuse market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,112 |
| Total Monthly Debt Service | $1,989 |
| DSCR Ratio | 1.56x |
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 1964
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46567, Syracuse, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,038 (100%) |
| Owner Occupied HU | 3,136 (51.9%) |
| Renter Occupied HU | 872 (14.4%) |
| Vacant Housing Units | 2,030 (33.6%) |
| Median Home Value | $317,585 |
| Average Home Value | $442,306 |
Housing Distribution
Address Breakdown
Residential
5,356
Single Family
5,308
Multi-Family
48
Businesses
364
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 1964
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46567, Syracuse, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,038 (100%) |
| Owner Occupied HU | 3,136 (51.9%) |
| Renter Occupied HU | 872 (14.4%) |
| Vacant Housing Units | 2,030 (33.6%) |
| Median Home Value | $317,585 |
| Average Home Value | $442,306 |
Housing Distribution
Address Breakdown
Residential
5,356
Single Family
5,308
Multi-Family
48
Businesses
364
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices