13236 N State Road 66DerbyIN47525
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.84% gross rental yield, 13236 N State Road 66, Derby, IN, 47525 in Derby is priced for capital growth, not immediate cash flow. The $200,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $55,256 by year five, with $1,842/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.90) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $50,339.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 6.0% |
| Monthly Cash Flow | $(394) | $250 |
City averages based on Derby market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $806 |
| Total Monthly Debt Service | $1,121 |
| DSCR Ratio | 0.72x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1947
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47525, Derby, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 203 (100%) |
| Owner Occupied HU | 150 (73.9%) |
| Renter Occupied HU | 22 (10.8%) |
| Vacant Housing Units | 31 (15.3%) |
| Median Home Value | $220,000 |
| Average Home Value | $259,317 |
Housing Distribution
Address Breakdown
Residential
172
Single Family
172
Multi-Family
0
Businesses
2
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 1947
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47525, Derby, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 203 (100%) |
| Owner Occupied HU | 150 (73.9%) |
| Renter Occupied HU | 22 (10.8%) |
| Vacant Housing Units | 31 (15.3%) |
| Median Home Value | $220,000 |
| Average Home Value | $259,317 |
Housing Distribution
Address Breakdown
Residential
172
Single Family
172
Multi-Family
0
Businesses
2
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices