11724 Prairie TrceHoaglandIN46745
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 11724 Prairie Trce, Hoagland, IN, 46745 in Hoagland earns a 9.27% gross yield at $283,000. Rent of $2,185/mo nets $336/mo after the $1,273/mo mortgage. The 1.72 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $78,188 and $2,606/yr in equity accumulation project a total cumulative return of $129,374.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $336 | $200 |
City averages based on Hoagland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,185 |
| Total Monthly Debt Service | $1,736 |
| DSCR Ratio | 1.26x |
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 1992
0.26 Acres lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46745, Hoagland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 703 (100%) |
| Owner Occupied HU | 631 (89.8%) |
| Renter Occupied HU | 57 ( 8.1%) |
| Vacant Housing Units | 15 ( 2.1%) |
| Median Home Value | $312,105 |
| Average Home Value | $309,604 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
701
Multi-Family
19
Businesses
41
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 1992
0.26 Acres lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46745, Hoagland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 703 (100%) |
| Owner Occupied HU | 631 (89.8%) |
| Renter Occupied HU | 57 ( 8.1%) |
| Vacant Housing Units | 15 ( 2.1%) |
| Median Home Value | $312,105 |
| Average Home Value | $309,604 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
701
Multi-Family
19
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jerry Hurst • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202526675
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.