113 W Maple StFloraIN46929
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 113 W Maple St, Flora, IN, 46929 in Flora hard to pass up. The 11.82% gross yield on a $177,500 purchase results in $1,748/mo in rent and $683/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.08). Annual cash flow of $8,195, five-year appreciation of $49,040, and $1,488/yr in equity build-up combine for a projected total cumulative return of $107,813.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.5% |
| Monthly Cash Flow | $683 | $300 |
City averages based on Flora market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,748 |
| Total Monthly Debt Service | $1,038 |
| 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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1952
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46929, Flora, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,414 (100%) |
| Owner Occupied HU | 1,005 (71.1%) |
| Renter Occupied HU | 315 (22.3%) |
| Vacant Housing Units | 94 ( 6.6%) |
| Median Home Value | $183,468 |
| Average Home Value | $226,652 |
Housing Distribution
Address Breakdown
Residential
1,365
Single Family
1,274
Multi-Family
91
Businesses
135
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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
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Nearby investment properties with comparable prices
