126 W 3rd StWilliamsportIN47993
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 126 W 3rd St, Williamsport, IN, 47993 in Williamsport earns a 10.25% gross yield at $135,000. Rent of $1,153/mo nets $343/mo after the $607/mo mortgage. The 1.90 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $37,298 and $1,243/yr in equity accumulation project a total cumulative return of $73,154.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.0% |
| Monthly Cash Flow | $343 | $400 |
City averages based on Williamsport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,153 |
| Total Monthly Debt Service | $757 |
| DSCR Ratio | 1.52x |
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 1953
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47993, Williamsport, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,677 (100%) |
| Owner Occupied HU | 1,194 (71.2%) |
| Renter Occupied HU | 337 (20.1%) |
| Vacant Housing Units | 146 ( 8.7%) |
| Median Home Value | $154,861 |
| Average Home Value | $193,492 |
Housing Distribution
Address Breakdown
Residential
1,591
Single Family
1,591
Multi-Family
0
Businesses
120
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 1953
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47993, Williamsport, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,677 (100%) |
| Owner Occupied HU | 1,194 (71.2%) |
| Renter Occupied HU | 337 (20.1%) |
| Vacant Housing Units | 146 ( 8.7%) |
| Median Home Value | $154,861 |
| Average Home Value | $193,492 |
Housing Distribution
Address Breakdown
Residential
1,591
Single Family
1,591
Multi-Family
0
Businesses
120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22079066