163 Oak StSwitz CityIN47465
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 163 Oak St, Switz City, IN, 47465 in Switz City at $175,000 earns $0/mo in rent and nets $120/mo after the $787/mo payment, a 8.02% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $48,349 over five years. Ziffy Mortgage underwrites this on a 0.00 DSCR without U.S. credit history.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.5% |
| Monthly Cash Flow | $120 | $300 |
City averages based on Switz City market data in our database. Property projections are estimates.
Single Family
Built in 1960
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47465, Switz City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 282 (100%) |
| Owner Occupied HU | 195 (69.1%) |
| Renter Occupied HU | 53 (18.8%) |
| Vacant Housing Units | 34 (12.1%) |
| Median Home Value | $152,964 |
| Average Home Value | $129,744 |
Housing Distribution
Address Breakdown
Residential
214
Single Family
214
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1960
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47465, Switz City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 282 (100%) |
| Owner Occupied HU | 195 (69.1%) |
| Renter Occupied HU | 53 (18.8%) |
| Vacant Housing Units | 34 (12.1%) |
| Median Home Value | $152,964 |
| Average Home Value | $129,744 |
Housing Distribution
Address Breakdown
Residential
214
Single Family
214
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Lacey Hays • Land Pro Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511310
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