205 E Miller StGrantsburgIN47123
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 205 E Miller St, Grantsburg, IN, 47123 in Grantsburg is straightforward: $127,000 in, $1,192/mo in rent, $429/mo out after debt service. The 11.26% gross yield and 2.09 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $35,088 by year five. With $1,170/yr in principal equity, the total cumulative return is projected at $75,759.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 5.5% |
| Monthly Cash Flow | $429 | $300 |
City averages based on Grantsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,192 |
| Total Monthly Debt Service | $712 |
| DSCR Ratio | 1.67x |
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47123, Grantsburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 81 (100%) |
| Owner Occupied HU | 48 (59.3%) |
| Renter Occupied HU | 9 (11.1%) |
| Vacant Housing Units | 24 (29.6%) |
| Median Home Value | $115,000 |
| Average Home Value | $174,531 |
Housing Distribution
Address Breakdown
Residential
79
Single Family
79
Multi-Family
0
Businesses
0
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47123, Grantsburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 81 (100%) |
| Owner Occupied HU | 48 (59.3%) |
| Renter Occupied HU | 9 (11.1%) |
| Vacant Housing Units | 24 (29.6%) |
| Median Home Value | $115,000 |
| Average Home Value | $174,531 |
Housing Distribution
Address Breakdown
Residential
79
Single Family
79
Multi-Family
0
Businesses
0
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Smith • NTUNE Realty LLC
Mls Name: My State MLS
Mls ID: #11485023