2002 White Oak AveWhitingIN46394
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 2002 White Oak Ave, Whiting, IN, 46394 in Whiting worth study. Rental yield 4.94%. The 4.94% gross yield is below cash-flow benchmarks at $349,600, but 5% annual appreciation, adding $96,588 over five years, frames this as a capital growth position. Rent of $1,440/mo partially offsets the $1,572/mo payment. Ziffy Mortgage finances appreciation-play properties (0.92 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $76,724.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.9% | 6.0% |
| Monthly Cash Flow | $(879) | $150 |
City averages based on Whiting market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,440 |
| Total Monthly Debt Service | $2,180 |
| DSCR Ratio | 0.66x |
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.
Townhouse
Built in 2026
2,895 sqft lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46394, Whiting, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,246 (100%) |
| Owner Occupied HU | 3,034 (57.8%) |
| Renter Occupied HU | 1,726 (32.9%) |
| Vacant Housing Units | 486 ( 9.3%) |
| Median Home Value | $198,776 |
| Average Home Value | $250,145 |
Housing Distribution
Address Breakdown
Residential
4,622
Single Family
4,241
Multi-Family
381
Businesses
279
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
Townhouse
Built in 2026
2,895 sqft lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46394, Whiting, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,246 (100%) |
| Owner Occupied HU | 3,034 (57.8%) |
| Renter Occupied HU | 1,726 (32.9%) |
| Vacant Housing Units | 486 ( 9.3%) |
| Median Home Value | $198,776 |
| Average Home Value | $250,145 |
Housing Distribution
Address Breakdown
Residential
4,622
Single Family
4,241
Multi-Family
381
Businesses
279
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
