305 Cottonwood CtMarkleIN46770
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid, durable, and financeable, 305 Cottonwood Ct, Markle, IN, 46770 in Markle earns a 7.98% gross yield at $344,900. Rent of $2,293/mo nets $206/mo after the $1,551/mo mortgage. The 1.48 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $95,290 and $3,177/yr in equity accumulation project a total cumulative return of $144,816.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.5% |
| Monthly Cash Flow | $206 | $250 |
City averages based on Markle market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,293 |
| Total Monthly Debt Service | $1,933 |
| DSCR Ratio | 1.19x |
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 2023
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46770, Markle, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 862 (81.1%) |
| Renter Occupied HU | 154 (14.5%) |
| Vacant Housing Units | 47 ( 4.4%) |
| Median Home Value | $245,548 |
| Average Home Value | $351,682 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
907
Multi-Family
8
Businesses
78
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 2023
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46770, Markle, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 862 (81.1%) |
| Renter Occupied HU | 154 (14.5%) |
| Vacant Housing Units | 47 ( 4.4%) |
| Median Home Value | $245,548 |
| Average Home Value | $351,682 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
907
Multi-Family
8
Businesses
78
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices