2384 S 400 WLiberty CenterIN46766
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder2384 S 400 W, Liberty Center, IN, 46766 in Liberty Center earns a respectable 7.49% gross yield at $285,000, but after the $1,282/mo mortgage the net cash flow is $69/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.39) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $78,740 over five years, making equity the dominant return driver. Total projected return: $112,319.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 7.0% |
| Monthly Cash Flow | $69 | $1,200 |
City averages based on Liberty Center market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,780 |
| Total Monthly Debt Service | $1,597 |
| DSCR Ratio | 1.11x |
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 1900
2.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46766, Liberty Center, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 246 (100%) |
| Owner Occupied HU | 210 (85.4%) |
| Renter Occupied HU | 20 ( 8.1%) |
| Vacant Housing Units | 16 ( 6.5%) |
| Median Home Value | $206,000 |
| Average Home Value | $340,476 |
Housing Distribution
Address Breakdown
Residential
181
Single Family
181
Multi-Family
0
Businesses
6
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 1900
2.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46766, Liberty Center, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 246 (100%) |
| Owner Occupied HU | 210 (85.4%) |
| Renter Occupied HU | 20 ( 8.1%) |
| Vacant Housing Units | 16 ( 6.5%) |
| Median Home Value | $206,000 |
| Average Home Value | $340,476 |
Housing Distribution
Address Breakdown
Residential
181
Single Family
181
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas Huffman • Steffen Group
Mls Name: IRMLS
Mls ID: #202603574