20303 Alpine DrLawrenceburgIN47025
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 20303 Alpine Dr, Lawrenceburg, IN, 47025 in Lawrenceburg hard to pass up. The 10.34% gross yield on a $370,000 purchase results in $3,188/mo in rent and $967/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.92). Annual cash flow of $11,608, five-year appreciation of $102,224, and $3,408/yr in equity build-up combine for a projected total cumulative return of $202,210.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 7.0% |
| Monthly Cash Flow | $967 | $1,500 |
City averages based on Lawrenceburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,188 |
| Total Monthly Debt Service | $2,074 |
| DSCR Ratio | 1.54x |
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 2005
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47025, Lawrenceburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,701 (100%) |
| Owner Occupied HU | 7,176 (74.0%) |
| Renter Occupied HU | 2,042 (21.0%) |
| Vacant Housing Units | 483 ( 5.0%) |
| Median Home Value | $243,377 |
| Average Home Value | $273,536 |
Housing Distribution
Address Breakdown
Residential
9,428
Single Family
8,842
Multi-Family
586
Businesses
699
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 2005
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47025, Lawrenceburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,701 (100%) |
| Owner Occupied HU | 7,176 (74.0%) |
| Renter Occupied HU | 2,042 (21.0%) |
| Vacant Housing Units | 483 ( 5.0%) |
| Median Home Value | $243,377 |
| Average Home Value | $273,536 |
Housing Distribution
Address Breakdown
Residential
9,428
Single Family
8,842
Multi-Family
586
Businesses
699
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joan E. Hittinger • Keller Williams Realty Service
Mls Name: MLS of Southeastern Indiana
Mls ID: #206767