1838 & 1850 E Holiday Lake RdFerdinandIN47532
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Ferdinand at 1838 & 1850 E Holiday Lake Rd, Ferdinand, IN, 47532 projects strong ROI of 11.06%. Rental yield 3.93%. With 5% annual appreciation, the property builds $690,428 in value over five years. Equity growth combined delivers a projected five-year ROI of 71.8%, translating into $506,878 in total cumulative return on $705,968 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 6.0% |
| Monthly Cash Flow | $(6,817) | $300 |
City averages based on Ferdinand market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $8,184 |
| Total Monthly Debt Service | $14,007 |
| DSCR Ratio | 0.58x |
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 1945
123.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47532, Ferdinand, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,914 (100%) |
| Owner Occupied HU | 1,507 (78.7%) |
| Renter Occupied HU | 300 (15.7%) |
| Vacant Housing Units | 107 ( 5.6%) |
| Median Home Value | $278,564 |
| Average Home Value | $306,931 |
Housing Distribution
Address Breakdown
Residential
1,882
Single Family
1,882
Multi-Family
0
Businesses
164
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1945
123.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47532, Ferdinand, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,914 (100%) |
| Owner Occupied HU | 1,507 (78.7%) |
| Renter Occupied HU | 300 (15.7%) |
| Vacant Housing Units | 107 ( 5.6%) |
| Median Home Value | $278,564 |
| Average Home Value | $306,931 |
Housing Distribution
Address Breakdown
Residential
1,882
Single Family
1,882
Multi-Family
0
Businesses
164
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Listed by: Shea Fleck • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436927
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.