2208 Roselawn Dr #4LebanonIN46052
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2208 Roselawn Dr #4, Lebanon, IN, 46052 in Lebanon at $215,000 earns $1,612/mo in rent and nets $71/mo after the $967/mo payment, a 8.99% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $59,401 over five years. Ziffy Mortgage underwrites this on a 1.67 DSCR without U.S. credit history. With $1,980/yr in principal paydown, total projected return reaches $102,028.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 7.0% |
| Monthly Cash Flow | $71 | $300 |
City averages based on Lebanon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,612 |
| Total Monthly Debt Service | $1,205 |
| DSCR Ratio | 1.34x |
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.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46052, Lebanon, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,620 (100%) |
| Owner Occupied HU | 7,092 (66.8%) |
| Renter Occupied HU | 2,845 (26.8%) |
| Vacant Housing Units | 683 ( 6.4%) |
| Median Home Value | $249,031 |
| Average Home Value | $321,785 |
Housing Distribution
Address Breakdown
Residential
10,065
Single Family
9,322
Multi-Family
743
Businesses
800
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
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46052, Lebanon, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,620 (100%) |
| Owner Occupied HU | 7,092 (66.8%) |
| Renter Occupied HU | 2,845 (26.8%) |
| Vacant Housing Units | 683 ( 6.4%) |
| Median Home Value | $249,031 |
| Average Home Value | $321,785 |
Housing Distribution
Address Breakdown
Residential
10,065
Single Family
9,322
Multi-Family
743
Businesses
800
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices