10729 E 500 NVan BurenIN46991
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 10729 E 500 N, Van Buren, IN, 46991 in Van Buren at $247,500, 5.75% gross yield, is a market-growth asset. Rental yield 5.75%. The $1,186/mo rent partially funds the $1,113/mo debt service; the core return is the 5%/yr price growth projected to add $68,380 over five years. Ziffy Mortgage's DSCR mortgage (1.07) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $74,373.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 6.2% |
| Monthly Cash Flow | $(300) | $1,200 |
City averages based on Van Buren market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,186 |
| Total Monthly Debt Service | $1,387 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Manufactured
Built in 1998
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46991, Van Buren, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 664 (100%) |
| Owner Occupied HU | 477 (71.8%) |
| Renter Occupied HU | 110 (16.6%) |
| Vacant Housing Units | 77 (11.6%) |
| Median Home Value | $175,893 |
| Average Home Value | $265,231 |
Housing Distribution
Address Breakdown
Residential
398
Single Family
398
Multi-Family
0
Businesses
32
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
Manufactured
Built in 1998
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46991, Van Buren, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 664 (100%) |
| Owner Occupied HU | 477 (71.8%) |
| Renter Occupied HU | 110 (16.6%) |
| Vacant Housing Units | 77 (11.6%) |
| Median Home Value | $175,893 |
| Average Home Value | $265,231 |
Housing Distribution
Address Breakdown
Residential
398
Single Family
398
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darla Chew • F.C. Tucker Realty Center
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520413
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.