33 Dominion DrZionsvilleIN46077
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 33 Dominion Dr, Zionsville, IN, 46077 in Zionsville is narrow, $127/mo net on $2,371/mo rent after the $1,405/mo debt service, but the property operates at break-even-plus, not a loss. At $312,500 with a 9.11% yield, the long-run equity case via 5% appreciation ($86,338 over five years) and $2,878/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.69 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $150,137.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 5.2% |
| Monthly Cash Flow | $127 | $300 |
City averages based on Zionsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,371 |
| Total Monthly Debt Service | $1,752 |
| DSCR Ratio | 1.35x |
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.
Condo
Built in 1983
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46077, Zionsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,386 (100%) |
| Owner Occupied HU | 10,067 (75.2%) |
| Renter Occupied HU | 2,624 (19.6%) |
| Vacant Housing Units | 695 ( 5.2%) |
| Median Home Value | $557,806 |
| Average Home Value | $598,482 |
Housing Distribution
Address Breakdown
Residential
13,216
Single Family
11,385
Multi-Family
1,831
Businesses
1,009
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
Condo
Built in 1983
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46077, Zionsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,386 (100%) |
| Owner Occupied HU | 10,067 (75.2%) |
| Renter Occupied HU | 2,624 (19.6%) |
| Vacant Housing Units | 695 ( 5.2%) |
| Median Home Value | $557,806 |
| Average Home Value | $598,482 |
Housing Distribution
Address Breakdown
Residential
13,216
Single Family
11,385
Multi-Family
1,831
Businesses
1,009
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robbin Edwards • Encore Sotheby's International
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22080915