180 Lane 375 Crooked LkAngolaIN46703
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 180 Lane 375 Crooked Lk, Angola, IN, 46703 in Angola fits: $1,000,000, 3.23% gross yield, and a projected 5% annual appreciation rate adding $276,282 in value within five years. Rental yield 3.23%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.60) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $9,210/yr in principal paydown and $276,282 in appreciation project a total return of $164,286.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.2% | 6.0% |
| Monthly Cash Flow | $(3,328) | $300 |
City averages based on Angola market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,692 |
| Total Monthly Debt Service | $5,622 |
| DSCR Ratio | 0.48x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2004
7,361 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46703, Angola, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,798 (100%) |
| Owner Occupied HU | 5,429 (55.4%) |
| Renter Occupied HU | 2,052 (20.9%) |
| Vacant Housing Units | 2,317 (23.6%) |
| Median Home Value | $272,006 |
| Average Home Value | $345,110 |
Housing Distribution
Address Breakdown
Residential
7,691
Single Family
7,223
Multi-Family
468
Businesses
858
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 2004
7,361 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46703, Angola, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,798 (100%) |
| Owner Occupied HU | 5,429 (55.4%) |
| Renter Occupied HU | 2,052 (20.9%) |
| Vacant Housing Units | 2,317 (23.6%) |
| Median Home Value | $272,006 |
| Average Home Value | $345,110 |
Housing Distribution
Address Breakdown
Residential
7,691
Single Family
7,223
Multi-Family
468
Businesses
858
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Todd Stock • RE/MAX Results - Angola office
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437088
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.