2800 Lancelot LnDyerIN46311
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2800 Lancelot Ln, Dyer, IN, 46311 in Dyer. At $459,900 it earns $3,748/mo in rent and distributes $866/mo to the owner after the $2,068/mo payment, a consistent 9.78% yield. DSCR 1.81 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $127,062 in value; $4,236/yr in principal paydown compounds ownership stake. Total projected return: $230,315.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.0% |
| Monthly Cash Flow | $866 | $800 |
City averages based on Dyer market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,748 |
| Total Monthly Debt Service | $2,698 |
| DSCR Ratio | 1.39x |
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 1990
0.56 Acres lot
$N/A/sqft
$425 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46311, Dyer, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,550 (100%) |
| Owner Occupied HU | 8,584 (89.9%) |
| Renter Occupied HU | 622 ( 6.5%) |
| Vacant Housing Units | 344 ( 3.6%) |
| Median Home Value | $335,628 |
| Average Home Value | $375,557 |
Housing Distribution
Address Breakdown
Residential
9,212
Single Family
8,996
Multi-Family
216
Businesses
509
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 1990
0.56 Acres lot
$N/A/sqft
$425 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46311, Dyer, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,550 (100%) |
| Owner Occupied HU | 8,584 (89.9%) |
| Renter Occupied HU | 622 ( 6.5%) |
| Vacant Housing Units | 344 ( 3.6%) |
| Median Home Value | $335,628 |
| Average Home Value | $375,557 |
Housing Distribution
Address Breakdown
Residential
9,212
Single Family
8,996
Multi-Family
216
Businesses
509
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathryn Finger • Realty Executives Premier
Mls Name: NIRA
Mls Provider:
Mls ID: #818079
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.