307 W Walnut StSharpsvilleIN46068
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 307 W Walnut St, Sharpsville, IN, 46068 in Sharpsville fits: $424,900, 3.73% gross yield, and a projected 5% annual appreciation rate adding $117,392 in value within five years. Rental yield 3.73%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.69) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $3,913/yr in principal paydown and $117,392 in appreciation project a total return of $81,614.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.7% | 8.0% |
| Monthly Cash Flow | $(1,231) | $500 |
City averages based on Sharpsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,320 |
| Total Monthly Debt Service | $2,382 |
| DSCR Ratio | 0.55x |
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 2024
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46068, Sharpsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,055 (100%) |
| Owner Occupied HU | 890 (84.4%) |
| Renter Occupied HU | 91 ( 8.6%) |
| Vacant Housing Units | 74 ( 7.0%) |
| Median Home Value | $201,325 |
| Average Home Value | $216,837 |
Housing Distribution
Address Breakdown
Residential
904
Single Family
904
Multi-Family
0
Businesses
31
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
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46068, Sharpsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,055 (100%) |
| Owner Occupied HU | 890 (84.4%) |
| Renter Occupied HU | 91 ( 8.6%) |
| Vacant Housing Units | 74 ( 7.0%) |
| Median Home Value | $201,325 |
| Average Home Value | $216,837 |
Housing Distribution
Address Breakdown
Residential
904
Single Family
904
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andy Hardie • The Hardie Group
Mls Name: IRMLS
Mls ID: #202603765