2628 W 1st AveNorth JudsonIN46366
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 2628 W 1st Ave, North Judson, IN, 46366 in North Judson is listed at $110,000 and delivers $879/mo in rent and $219/mo in net monthly cash flow. The 9.59% yield and 1.78 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $30,391 over five years, and $1,013/yr in principal reduction supplements cash return. Total projected cumulative return: $55,741.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $219 | $200 |
City averages based on North Judson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $879 |
| Total Monthly Debt Service | $617 |
| DSCR Ratio | 1.43x |
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 1998
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46366, North Judson, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,537 (100%) |
| Owner Occupied HU | 1,865 (73.5%) |
| Renter Occupied HU | 450 (17.7%) |
| Vacant Housing Units | 222 ( 8.8%) |
| Median Home Value | $171,776 |
| Average Home Value | $195,007 |
Housing Distribution
Address Breakdown
Residential
2,426
Single Family
2,395
Multi-Family
31
Businesses
115
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 1998
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46366, North Judson, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,537 (100%) |
| Owner Occupied HU | 1,865 (73.5%) |
| Renter Occupied HU | 450 (17.7%) |
| Vacant Housing Units | 222 ( 8.8%) |
| Median Home Value | $171,776 |
| Average Home Value | $195,007 |
Housing Distribution
Address Breakdown
Residential
2,426
Single Family
2,395
Multi-Family
31
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NIRA as distributed by MLS GRID
Mls ID: #836321