187 Charlotte AveSwitz CityIN47465
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 187 Charlotte Ave, Switz City, IN, 47465 in Switz City. Rental yield 0%. At $189,900 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $52,466 in new equity by year five, complemented by $1,592/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.5% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Switz City market data in our database. Property projections are estimates.
Single Family
Built in 2026
0.25 Acres 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
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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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: N/A • N/A
Mls Name: IRMLS
Mls ID: #202628916
