3022 W County Road 700 NChrisneyIN47611
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play3022 W County Road 700 N, Chrisney, IN, 47611 in Chrisney is priced for appreciation, not yield. Rental yield 5.87%. At $560,000 with a 5.87% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $154,718 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.09) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $171,805.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.0% |
| Monthly Cash Flow | $(623) | $250 |
City averages based on Chrisney market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,738 |
| Total Monthly Debt Service | $3,139 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2016
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47611, Chrisney, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 543 (100%) |
| Owner Occupied HU | 420 (77.3%) |
| Renter Occupied HU | 73 (13.4%) |
| Vacant Housing Units | 50 ( 9.2%) |
| Median Home Value | $212,745 |
| Average Home Value | $264,530 |
Housing Distribution
Address Breakdown
Residential
459
Single Family
459
Multi-Family
0
Businesses
30
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 2016
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47611, Chrisney, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 543 (100%) |
| Owner Occupied HU | 420 (77.3%) |
| Renter Occupied HU | 73 (13.4%) |
| Vacant Housing Units | 50 ( 9.2%) |
| Median Home Value | $212,745 |
| Average Home Value | $264,530 |
Housing Distribution
Address Breakdown
Residential
459
Single Family
459
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jerrod W Eagleson • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521423
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.