1285 Spring Lake DrBrownsburgIN46112
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1285 Spring Lake Dr, Brownsburg, IN, 46112 in Brownsburg. At $370,700 it earns $2,729/mo in rent and distributes $463/mo to the owner after the $1,667/mo payment, a consistent 8.83% yield. DSCR 1.64 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $102,418 in value; $3,414/yr in principal paydown compounds ownership stake. Total projected return: $170,268.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.0% |
| Monthly Cash Flow | $463 | $300 |
City averages based on Brownsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,729 |
| Total Monthly Debt Service | $2,119 |
| DSCR Ratio | 1.29x |
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 2001
8,276 sqft lot
$N/A/sqft
$41 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46112, Brownsburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,870 (100%) |
| Owner Occupied HU | 13,977 (78.2%) |
| Renter Occupied HU | 3,408 (19.1%) |
| Vacant Housing Units | 485 ( 2.7%) |
| Median Home Value | $321,702 |
| Average Home Value | $356,401 |
Housing Distribution
Address Breakdown
Residential
16,923
Single Family
16,235
Multi-Family
688
Businesses
1,083
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 2001
8,276 sqft lot
$N/A/sqft
$41 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46112, Brownsburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,870 (100%) |
| Owner Occupied HU | 13,977 (78.2%) |
| Renter Occupied HU | 3,408 (19.1%) |
| Vacant Housing Units | 485 ( 2.7%) |
| Median Home Value | $321,702 |
| Average Home Value | $356,401 |
Housing Distribution
Address Breakdown
Residential
16,923
Single Family
16,235
Multi-Family
688
Businesses
1,083
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A