250 W Main StRossvilleIN46065
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 250 W Main St, Rossville, IN, 46065 in Rossville speaks for itself: 12.53% gross on a $230,000 price, generating $2,401/mo in rent and $972/mo in net income after the $1,034/mo debt service. DSCR 2.32, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,667 stacks alongside $63,545 in projected five-year appreciation and $2,118/yr in principal reduction. Projected total cumulative return: $149,806.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 6.0% |
| Monthly Cash Flow | $972 | $300 |
City averages based on Rossville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,401 |
| Total Monthly Debt Service | $1,337 |
| DSCR Ratio | 1.80x |
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 1956
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46065, Rossville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,437 (100%) |
| Owner Occupied HU | 1,126 (78.4%) |
| Renter Occupied HU | 234 (16.3%) |
| Vacant Housing Units | 77 ( 5.4%) |
| Median Home Value | $238,670 |
| Average Home Value | $288,730 |
Housing Distribution
Address Breakdown
Residential
1,107
Single Family
1,091
Multi-Family
16
Businesses
76
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 1956
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46065, Rossville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,437 (100%) |
| Owner Occupied HU | 1,126 (78.4%) |
| Renter Occupied HU | 234 (16.3%) |
| Vacant Housing Units | 77 ( 5.4%) |
| Median Home Value | $238,670 |
| Average Home Value | $288,730 |
Housing Distribution
Address Breakdown
Residential
1,107
Single Family
1,091
Multi-Family
16
Businesses
76
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tamara Sandefur • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437705
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.