2961 Plan, Crest RidgeTrafalgarIN46181
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2961 Plan, Crest Ridge, Trafalgar, IN, 46181 in Trafalgar. At $328,400 it earns $2,337/mo in rent and distributes $266/mo to the owner after the $1,477/mo payment, a consistent 8.54% yield. DSCR 1.58 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $90,731 in value; $3,025/yr in principal paydown compounds ownership stake. Total projected return: $141,822.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.5% |
| Monthly Cash Flow | $266 | $200 |
City averages based on Trafalgar market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,337 |
| Total Monthly Debt Service | $1,941 |
| DSCR Ratio | 1.20x |
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 2024
N/A lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46181, Trafalgar, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,202 (100%) |
| Owner Occupied HU | 1,824 (82.8%) |
| Renter Occupied HU | 233 (10.6%) |
| Vacant Housing Units | 145 ( 6.6%) |
| Median Home Value | $370,229 |
| Average Home Value | $392,205 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
2,189
Multi-Family
0
Businesses
124
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 2024
N/A lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46181, Trafalgar, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,202 (100%) |
| Owner Occupied HU | 1,824 (82.8%) |
| Renter Occupied HU | 233 (10.6%) |
| Vacant Housing Units | 145 ( 6.6%) |
| Median Home Value | $370,229 |
| Average Home Value | $392,205 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
2,189
Multi-Family
0
Businesses
124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices