16410 Sunset PassHarlanIN46743
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 16410 Sunset Pass, Harlan, IN, 46743 in Harlan: $2,783/mo in rent, $698/mo in net income, 9.68% gross yield, 1.79 DSCR, all at $344,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $95,290 in appreciation and $3,177/yr in principal paydown projects total cumulative return of $176,364.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 8.0% |
| Monthly Cash Flow | $698 | $1,200 |
City averages based on Harlan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,783 |
| Total Monthly Debt Service | $1,933 |
| DSCR Ratio | 1.44x |
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 1997
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46743, Harlan, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 837 (100%) |
| Owner Occupied HU | 674 (80.5%) |
| Renter Occupied HU | 110 (13.1%) |
| Vacant Housing Units | 53 ( 6.3%) |
| Median Home Value | $327,852 |
| Average Home Value | $340,204 |
Housing Distribution
Address Breakdown
Residential
690
Single Family
690
Multi-Family
0
Businesses
74
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 1997
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46743, Harlan, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 837 (100%) |
| Owner Occupied HU | 674 (80.5%) |
| Renter Occupied HU | 110 (13.1%) |
| Vacant Housing Units | 53 ( 6.3%) |
| Median Home Value | $327,852 |
| Average Home Value | $340,204 |
Housing Distribution
Address Breakdown
Residential
690
Single Family
690
Multi-Family
0
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices