203 N Stokes StBoswellIN47921
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 203 N Stokes St, Boswell, IN, 47921 in Boswell is listed at $165,000 and delivers $1,446/mo in rent and $456/mo in net monthly cash flow. The 10.52% yield and 1.95 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $45,586 over five years, and $1,520/yr in principal reduction supplements cash return. Total projected cumulative return: $91,790.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 7.5% |
| Monthly Cash Flow | $456 | $600 |
City averages based on Boswell 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 | $1,446 |
| Total Monthly Debt Service | $925 |
| DSCR Ratio | 1.56x |
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
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47921, Boswell, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 467 (100%) |
| Owner Occupied HU | 296 (63.4%) |
| Renter Occupied HU | 115 (24.6%) |
| Vacant Housing Units | 56 (12.0%) |
| Median Home Value | $205,556 |
| Average Home Value | $192,475 |
Housing Distribution
Address Breakdown
Residential
319
Single Family
319
Multi-Family
0
Businesses
34
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
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47921, Boswell, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 467 (100%) |
| Owner Occupied HU | 296 (63.4%) |
| Renter Occupied HU | 115 (24.6%) |
| Vacant Housing Units | 56 (12.0%) |
| Median Home Value | $205,556 |
| Average Home Value | $192,475 |
Housing Distribution
Address Breakdown
Residential
319
Single Family
319
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices