2871 W High StFlat RockIN47234
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 2871 W High St, Flat Rock, IN, 47234 in Flat Rock is capital appreciation. Rental yield 0%. The 0% gross yield at $174,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $48,322 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Flat Rock market data in our database. Property projections are estimates.
Single Family
Built in 1900
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47234, Flat Rock, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 588 (100%) |
| Owner Occupied HU | 462 (78.6%) |
| Renter Occupied HU | 72 (12.2%) |
| Vacant Housing Units | 54 ( 9.2%) |
| Median Home Value | $238,182 |
| Average Home Value | $281,775 |
Housing Distribution
Address Breakdown
Residential
534
Single Family
534
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47234, Flat Rock, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 588 (100%) |
| Owner Occupied HU | 462 (78.6%) |
| Renter Occupied HU | 72 (12.2%) |
| Vacant Housing Units | 54 ( 9.2%) |
| Median Home Value | $238,182 |
| Average Home Value | $281,775 |
Housing Distribution
Address Breakdown
Residential
534
Single Family
534
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices