384 N Pinewood DrPerrysvilleIN47974
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 384 N Pinewood Dr, Perrysville, IN, 47974 in Perrysville speaks for itself: 13.37% gross on a $129,000 price, generating $1,438/mo in rent and $663/mo in net income after the $580/mo debt service. DSCR 2.48, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,959 stacks alongside $35,640 in projected five-year appreciation and $1,188/yr in principal reduction. Projected total cumulative return: $91,560.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.4% | 6.0% |
| Monthly Cash Flow | $663 | $300 |
City averages based on Perrysville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,438 |
| Total Monthly Debt Service | $723 |
| DSCR Ratio | 1.99x |
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 2001
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47974, Perrysville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 501 (100%) |
| Owner Occupied HU | 351 (70.1%) |
| Renter Occupied HU | 103 (20.6%) |
| Vacant Housing Units | 47 ( 9.4%) |
| Median Home Value | $129,605 |
| Average Home Value | $155,185 |
Housing Distribution
Address Breakdown
Residential
327
Single Family
303
Multi-Family
24
Businesses
18
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 2001
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47974, Perrysville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 501 (100%) |
| Owner Occupied HU | 351 (70.1%) |
| Renter Occupied HU | 103 (20.6%) |
| Vacant Housing Units | 47 ( 9.4%) |
| Median Home Value | $129,605 |
| Average Home Value | $155,185 |
Housing Distribution
Address Breakdown
Residential
327
Single Family
303
Multi-Family
24
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Greg Clingan • GregClingan Auction&RealEstate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517644
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.