2363 N Oak DrBlufftonIN46714
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 2363 N Oak Dr, Bluffton, IN, 46714 in Bluffton earns a 9.85% gross yield at $210,000. Rent of $1,723/mo nets $463/mo after the $944/mo mortgage. The 1.83 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $58,019 and $1,934/yr in equity accumulation project a total cumulative return of $109,267.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 8.0% |
| Monthly Cash Flow | $463 | $350 |
City averages based on Bluffton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,723 |
| Total Monthly Debt Service | $1,177 |
| DSCR Ratio | 1.46x |
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 1963
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46714, Bluffton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,868 (100%) |
| Owner Occupied HU | 4,405 (64.1%) |
| Renter Occupied HU | 1,952 (28.4%) |
| Vacant Housing Units | 511 ( 7.4%) |
| Median Home Value | $192,431 |
| Average Home Value | $229,887 |
Housing Distribution
Address Breakdown
Residential
6,622
Single Family
6,327
Multi-Family
295
Businesses
576
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 1963
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46714, Bluffton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,868 (100%) |
| Owner Occupied HU | 4,405 (64.1%) |
| Renter Occupied HU | 1,952 (28.4%) |
| Vacant Housing Units | 511 ( 7.4%) |
| Median Home Value | $192,431 |
| Average Home Value | $229,887 |
Housing Distribution
Address Breakdown
Residential
6,622
Single Family
6,327
Multi-Family
295
Businesses
576
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Isaac H Stoller • Steffen Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520783
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.