121 S State StMarklevilleIN46056
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 121 S State St, Markleville, IN, 46056 in Markleville is listed at $189,900 and delivers $1,637/mo in rent and $497/mo in net monthly cash flow. The 10.34% yield and 1.92 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $52,466 over five years, and $1,749/yr in principal reduction supplements cash return. Total projected cumulative return: $103,854.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 7.5% |
| Monthly Cash Flow | $497 | $500 |
City averages based on Markleville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,637 |
| Total Monthly Debt Service | $1,064 |
| DSCR Ratio | 1.54x |
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 1955
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46056, Markleville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,001 (100%) |
| Owner Occupied HU | 831 (83.0%) |
| Renter Occupied HU | 97 ( 9.7%) |
| Vacant Housing Units | 73 ( 7.3%) |
| Median Home Value | $266,589 |
| Average Home Value | $310,259 |
Housing Distribution
Address Breakdown
Residential
876
Single Family
876
Multi-Family
0
Businesses
34
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 1955
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46056, Markleville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,001 (100%) |
| Owner Occupied HU | 831 (83.0%) |
| Renter Occupied HU | 97 ( 9.7%) |
| Vacant Housing Units | 73 ( 7.3%) |
| Median Home Value | $266,589 |
| Average Home Value | $310,259 |
Housing Distribution
Address Breakdown
Residential
876
Single Family
876
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices