11308 South County Line RdZanesvilleIN46799
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 11308 South County Line Rd, Zanesville, IN, 46799 in Zanesville is capital appreciation. Rental yield 5.66%. The 5.66% gross yield at $339,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $93,659 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.05) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $100,219.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 7.5% |
| Monthly Cash Flow | $(437) | $250 |
City averages based on Zanesville 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 | $1,598 |
| Total Monthly Debt Service | $1,900 |
| DSCR Ratio | 0.84x |
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.
Single Family
Built in 1900
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46799, Zanesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 149 (100%) |
| Owner Occupied HU | 125 (83.9%) |
| Renter Occupied HU | 7 ( 4.7%) |
| Vacant Housing Units | 17 (11.4%) |
| Median Home Value | $308,333 |
| Average Home Value | $562,260 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
16
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 1900
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46799, Zanesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 149 (100%) |
| Owner Occupied HU | 125 (83.9%) |
| Renter Occupied HU | 7 ( 4.7%) |
| Vacant Housing Units | 17 (11.4%) |
| Median Home Value | $308,333 |
| Average Home Value | $562,260 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: IRMLS
Mls ID: #202628903