1619 McIntyre RoadNew WashingtonIN47162
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew New Washington rentals match the income profile of 1619 McIntyre Road, New Washington, IN, 47162. Listed at $219,000, gross rent is $2,167/mo and net cash flow is $853/mo, a 11.88% yield well above national averages. DSCR 2.20 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $60,506 by year five with $2,017/yr in annual principal reduction, projecting $137,746 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 7.0% |
| Monthly Cash Flow | $853 | $300 |
City averages based on New Washington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,167 |
| Total Monthly Debt Service | $1,227 |
| DSCR Ratio | 1.77x |
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 1996
2.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47162, New Washington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 308 (100%) |
| Owner Occupied HU | 238 (77.3%) |
| Renter Occupied HU | 57 (18.5%) |
| Vacant Housing Units | 13 ( 4.2%) |
| Median Home Value | $292,105 |
| Average Home Value | $274,916 |
Housing Distribution
Address Breakdown
Residential
368
Single Family
368
Multi-Family
0
Businesses
42
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 1996
2.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47162, New Washington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 308 (100%) |
| Owner Occupied HU | 238 (77.3%) |
| Renter Occupied HU | 57 (18.5%) |
| Vacant Housing Units | 13 ( 4.2%) |
| Median Home Value | $292,105 |
| Average Home Value | $274,916 |
Housing Distribution
Address Breakdown
Residential
368
Single Family
368
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: SIRA
Mls ID: #202606552