1412-5 Pembroke CirGoshenIN46526
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1412-5 Pembroke Cir, Goshen, IN, 46526 in Goshen hard to pass up. The 14.95% gross yield on a $187,500 purchase results in $2,335/mo in rent and $902/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.77). Annual cash flow of $10,820, five-year appreciation of $51,803, and $1,727/yr in equity build-up combine for a projected total cumulative return of $130,342.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15% | 7.0% |
| Monthly Cash Flow | $902 | $300 |
City averages based on Goshen market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,335 |
| Total Monthly Debt Service | $1,359 |
| DSCR Ratio | 1.72x |
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.
Condo
Built in 1985
N/A lot
$N/A/sqft
$713 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46526, Goshen, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,063 (100%) |
| Owner Occupied HU | 8,487 (65.0%) |
| Renter Occupied HU | 3,852 (29.5%) |
| Vacant Housing Units | 724 ( 5.5%) |
| Median Home Value | $226,148 |
| Average Home Value | $269,072 |
Housing Distribution
Address Breakdown
Residential
12,628
Single Family
11,718
Multi-Family
910
Businesses
830
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
Condo
Built in 1985
N/A lot
$N/A/sqft
$713 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46526, Goshen, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,063 (100%) |
| Owner Occupied HU | 8,487 (65.0%) |
| Renter Occupied HU | 3,852 (29.5%) |
| Vacant Housing Units | 724 ( 5.5%) |
| Median Home Value | $226,148 |
| Average Home Value | $269,072 |
Housing Distribution
Address Breakdown
Residential
12,628
Single Family
11,718
Multi-Family
910
Businesses
830
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen K Galloway • Schrock Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439700
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.