122 Bellmont RdDecaturIN46733
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 122 Bellmont Rd, Decatur, IN, 46733 in Decatur is narrow, $146/mo net on $954/mo rent after the $585/mo debt service, but the property operates at break-even-plus, not a loss. At $130,000 with a 8.81% yield, the long-run equity case via 5% appreciation ($35,917 over five years) and $1,197/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.63 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $58,721.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.0% |
| Monthly Cash Flow | $146 | $200 |
City averages based on Decatur market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $954 |
| Total Monthly Debt Service | $756 |
| 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 1900
1.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46733, Decatur, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,091 (100%) |
| Owner Occupied HU | 5,906 (73.0%) |
| Renter Occupied HU | 1,700 (21.0%) |
| Vacant Housing Units | 485 ( 6.0%) |
| Median Home Value | $216,630 |
| Average Home Value | $273,796 |
Housing Distribution
Address Breakdown
Residential
7,603
Single Family
7,462
Multi-Family
141
Businesses
584
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
1.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46733, Decatur, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,091 (100%) |
| Owner Occupied HU | 5,906 (73.0%) |
| Renter Occupied HU | 1,700 (21.0%) |
| Vacant Housing Units | 485 ( 6.0%) |
| Median Home Value | $216,630 |
| Average Home Value | $273,796 |
Housing Distribution
Address Breakdown
Residential
7,603
Single Family
7,462
Multi-Family
141
Businesses
584
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trevor Gray • Krueckeberg Auction And Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437716
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.