1681 S Clark RdMarkleIN46770
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1681 S Clark Rd, Markle, IN, 46770 in Markle hard to pass up. The 13.12% gross yield on a $145,000 purchase results in $1,585/mo in rent and $715/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.43). Annual cash flow of $8,577, five-year appreciation of $40,061, and $1,335/yr in equity build-up combine for a projected total cumulative return of $100,882.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.1% | 5.5% |
| Monthly Cash Flow | $715 | $250 |
City averages based on Markle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,585 |
| Total Monthly Debt Service | $813 |
| DSCR Ratio | 1.95x |
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 1900
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46770, Markle, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 862 (81.1%) |
| Renter Occupied HU | 154 (14.5%) |
| Vacant Housing Units | 47 ( 4.4%) |
| Median Home Value | $245,548 |
| Average Home Value | $351,682 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
907
Multi-Family
8
Businesses
78
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 1900
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46770, Markle, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 862 (81.1%) |
| Renter Occupied HU | 154 (14.5%) |
| Vacant Housing Units | 47 ( 4.4%) |
| Median Home Value | $245,548 |
| Average Home Value | $351,682 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
907
Multi-Family
8
Businesses
78
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices