2174 W 800 NLake VillageIN46349
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 2174 W 800 N, Lake Village, IN, 46349 in Lake Village worth study. Rental yield 4.75%. The 4.75% gross yield is below cash-flow benchmarks at $575,000, but 5% annual appreciation, adding $158,862 over five years, frames this as a capital growth position. Rent of $2,274/mo partially offsets the $2,586/mo payment. Ziffy Mortgage finances appreciation-play properties (0.88 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $141,763.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 5.0% |
| Monthly Cash Flow | $(1,178) | $800 |
City averages based on Lake Village market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,274 |
| Total Monthly Debt Service | $3,223 |
| DSCR Ratio | 0.71x |
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 1972
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46349, Lake Village, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,518 (100%) |
| Owner Occupied HU | 1,220 (80.4%) |
| Renter Occupied HU | 157 (10.3%) |
| Vacant Housing Units | 141 ( 9.3%) |
| Median Home Value | $205,941 |
| Average Home Value | $222,834 |
Housing Distribution
Address Breakdown
Residential
1,269
Single Family
1,269
Multi-Family
0
Businesses
68
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 1972
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46349, Lake Village, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,518 (100%) |
| Owner Occupied HU | 1,220 (80.4%) |
| Renter Occupied HU | 157 (10.3%) |
| Vacant Housing Units | 141 ( 9.3%) |
| Median Home Value | $205,941 |
| Average Home Value | $222,834 |
Housing Distribution
Address Breakdown
Residential
1,269
Single Family
1,269
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Guy Carlson • McColly Real Estate
Mls Name: NIRA
Mls ID: #834246