3603 S County Road 1180 WMedoraIN47260
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 3603 S County Road 1180 W, Medora, IN, 47260 in Medora is a conservative rental investment at $365,000. Rental yield 6.87%. A 1.27 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $100,843; $3,362/yr in principal paydown supplements. Total projected return: $131,580.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 6.0% |
| Monthly Cash Flow | $(102) | $300 |
City averages based on Medora 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 | $2,089 |
| Total Monthly Debt Service | $2,046 |
| DSCR Ratio | 1.02x |
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.
Home Type Unknown
Built in 2006
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47260, Medora, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 765 (100%) |
| Owner Occupied HU | 582 (76.1%) |
| Renter Occupied HU | 124 (16.2%) |
| Vacant Housing Units | 59 ( 7.7%) |
| Median Home Value | $151,488 |
| Average Home Value | $176,804 |
Housing Distribution
Address Breakdown
Residential
484
Single Family
484
Multi-Family
0
Businesses
39
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
Home Type Unknown
Built in 2006
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47260, Medora, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 765 (100%) |
| Owner Occupied HU | 582 (76.1%) |
| Renter Occupied HU | 124 (16.2%) |
| Vacant Housing Units | 59 ( 7.7%) |
| Median Home Value | $151,488 |
| Average Home Value | $176,804 |
Housing Distribution
Address Breakdown
Residential
484
Single Family
484
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices