1344 S 500 EAvillaIN46710
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 1344 S 500 E, Avilla, IN, 46710 in Avilla offers a clean, manageable entry. Rental yield 6.75%. DSCR 1.25 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $91,449 in additional property value over five years, with $3,049/yr in principal equity building ownership stake. Total projected cumulative return: $117,272.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 6.5% |
| Monthly Cash Flow | $(125) | $800 |
City averages based on Avilla market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,862 |
| Total Monthly Debt Service | $1,855 |
| DSCR Ratio | 1.00x |
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.
Manufactured
Built in 2000
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46710, Avilla, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,877 (100%) |
| Owner Occupied HU | 1,417 (75.5%) |
| Renter Occupied HU | 376 (20.0%) |
| Vacant Housing Units | 84 ( 4.5%) |
| Median Home Value | $223,583 |
| Average Home Value | $252,929 |
Housing Distribution
Address Breakdown
Residential
1,680
Single Family
1,628
Multi-Family
52
Businesses
114
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
Manufactured
Built in 2000
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46710, Avilla, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,877 (100%) |
| Owner Occupied HU | 1,417 (75.5%) |
| Renter Occupied HU | 376 (20.0%) |
| Vacant Housing Units | 84 ( 4.5%) |
| Median Home Value | $223,583 |
| Average Home Value | $252,929 |
Housing Distribution
Address Breakdown
Residential
1,680
Single Family
1,628
Multi-Family
52
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trey Forbes • Weichert Realtors - Hoosier Heartland
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517172
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.