224 W Parsonage StHudsonIN46747
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 224 W Parsonage St, Hudson, IN, 46747 in Hudson. At $139,500 it earns $1,101/mo in rent and distributes $264/mo to the owner after the $627/mo payment, a consistent 9.47% yield. DSCR 1.76 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $38,541 in value; $1,285/yr in principal paydown compounds ownership stake. Total projected return: $69,796.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.0% |
| Monthly Cash Flow | $264 | $150 |
City averages based on Hudson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,101 |
| Total Monthly Debt Service | $782 |
| DSCR Ratio | 1.41x |
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 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46747, Hudson, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,421 (100%) |
| Owner Occupied HU | 891 (62.7%) |
| Renter Occupied HU | 155 (10.9%) |
| Vacant Housing Units | 375 (26.4%) |
| Median Home Value | $236,990 |
| Average Home Value | $282,814 |
Housing Distribution
Address Breakdown
Residential
962
Single Family
962
Multi-Family
0
Businesses
45
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 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46747, Hudson, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,421 (100%) |
| Owner Occupied HU | 891 (62.7%) |
| Renter Occupied HU | 155 (10.9%) |
| Vacant Housing Units | 375 (26.4%) |
| Median Home Value | $236,990 |
| Average Home Value | $282,814 |
Housing Distribution
Address Breakdown
Residential
962
Single Family
962
Multi-Family
0
Businesses
45
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyler Jackson • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202507643
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.