11209 Montara CvRoanokeIN46783
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow11209 Montara Cv, Roanoke, IN, 46783 in Roanoke is a top-tier cash-flow asset. At $273,000 it produces $2,300/mo in rent and $646/mo in net monthly income, a 10.11% gross rental yield. The DSCR of 1.87 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $7,752. Five-year appreciation adds $75,425, driving a total cumulative return of $144,894.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 7.0% |
| Monthly Cash Flow | $646 | $200 |
City averages based on Roanoke market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,300 |
| Total Monthly Debt Service | $1,546 |
| DSCR Ratio | 1.49x |
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 2019
8,276 sqft lot
$N/A/sqft
$187 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46783, Roanoke, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,612 (84.2%) |
| Renter Occupied HU | 312 (10.1%) |
| Vacant Housing Units | 179 ( 5.8%) |
| Median Home Value | $312,289 |
| Average Home Value | $349,443 |
Housing Distribution
Address Breakdown
Residential
2,841
Single Family
2,806
Multi-Family
35
Businesses
220
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 2019
8,276 sqft lot
$N/A/sqft
$187 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46783, Roanoke, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,612 (84.2%) |
| Renter Occupied HU | 312 (10.1%) |
| Vacant Housing Units | 179 ( 5.8%) |
| Median Home Value | $312,289 |
| Average Home Value | $349,443 |
Housing Distribution
Address Breakdown
Residential
2,841
Single Family
2,806
Multi-Family
35
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Braaten • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437445
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.