1301 Beyers StFortvilleIN46040
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.46% yield at 1301 Beyers St, Fortville, IN, 46040 in Fortville is solid, but the $2,089/mo payment compresses net cash flow to $99/mo at $464,500. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $128,333 by year five, and $4,278/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.38) without U.S. income documentation. Total projected return: $182,134.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.5% |
| Monthly Cash Flow | $99 | $300 |
City averages based on Fortville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,887 |
| Total Monthly Debt Service | $2,604 |
| DSCR Ratio | 1.11x |
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 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46040, Fortville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,759 (100%) |
| Owner Occupied HU | 5,701 (84.3%) |
| Renter Occupied HU | 808 (12.0%) |
| Vacant Housing Units | 250 ( 3.7%) |
| Median Home Value | $441,068 |
| Average Home Value | $493,644 |
Housing Distribution
Address Breakdown
Residential
6,553
Single Family
6,502
Multi-Family
51
Businesses
264
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 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46040, Fortville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,759 (100%) |
| Owner Occupied HU | 5,701 (84.3%) |
| Renter Occupied HU | 808 (12.0%) |
| Vacant Housing Units | 250 ( 3.7%) |
| Median Home Value | $441,068 |
| Average Home Value | $493,644 |
Housing Distribution
Address Breakdown
Residential
6,553
Single Family
6,502
Multi-Family
51
Businesses
264
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
