11655 E 150th Rd SCulverIN46511
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Culver rentals match the income profile of 11655 E 150th Rd S, Culver, IN, 46511. Listed at $261,000, gross rent is $2,605/mo and net cash flow is $1,038/mo, a 11.98% yield well above national averages. DSCR 2.22 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $72,109 by year five with $2,404/yr in annual principal reduction, projecting $165,554 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 7.0% |
| Monthly Cash Flow | $1,038 | $300 |
City averages based on Culver market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,605 |
| Total Monthly Debt Service | $1,463 |
| DSCR Ratio | 1.78x |
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 1996
3.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46511, Culver, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,586 (100%) |
| Owner Occupied HU | 1,377 (53.2%) |
| Renter Occupied HU | 351 (13.6%) |
| Vacant Housing Units | 858 (33.2%) |
| Median Home Value | $281,641 |
| Average Home Value | $400,922 |
Housing Distribution
Address Breakdown
Residential
2,267
Single Family
2,185
Multi-Family
82
Businesses
144
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 1996
3.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46511, Culver, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,586 (100%) |
| Owner Occupied HU | 1,377 (53.2%) |
| Renter Occupied HU | 351 (13.6%) |
| Vacant Housing Units | 858 (33.2%) |
| Median Home Value | $281,641 |
| Average Home Value | $400,922 |
Housing Distribution
Address Breakdown
Residential
2,267
Single Family
2,185
Multi-Family
82
Businesses
144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon K Lunetta • RE/MAX OAK CREST -PLYMOUTH
Mls Name: IRMLS
Mls Provider:
Mls ID: #202432079
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.