2150 N State Road 5LarwillIN46764
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 2150 N State Road 5, Larwill, IN, 46764 in Larwill offers a clean, manageable entry. Rental yield 6.72%. DSCR 1.25 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $83,133 in additional property value over five years, with $2,771/yr in principal equity building ownership stake. Total projected cumulative return: $106,080.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 7.0% |
| Monthly Cash Flow | $(121) | $500 |
City averages based on Larwill market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,685 |
| Total Monthly Debt Service | $1,687 |
| DSCR Ratio | 1.00x |
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.
Single Family
Built in 1890
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46764, Larwill, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 641 (100%) |
| Owner Occupied HU | 521 (81.3%) |
| Renter Occupied HU | 60 ( 9.4%) |
| Vacant Housing Units | 60 ( 9.4%) |
| Median Home Value | $265,449 |
| Average Home Value | $318,306 |
Housing Distribution
Address Breakdown
Residential
491
Single Family
491
Multi-Family
0
Businesses
22
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 1890
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46764, Larwill, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 641 (100%) |
| Owner Occupied HU | 521 (81.3%) |
| Renter Occupied HU | 60 ( 9.4%) |
| Vacant Housing Units | 60 ( 9.4%) |
| Median Home Value | $265,449 |
| Average Home Value | $318,306 |
Housing Distribution
Address Breakdown
Residential
491
Single Family
491
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices