3855 E 480 SCutlerIN46920
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 3855 E 480 S, Cutler, IN, 46920 in Cutler. At $384,900 it earns $2,609/mo in rent and distributes $298/mo to the owner after the $1,731/mo payment, a consistent 8.13% yield. DSCR 1.51 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $106,341 in value; $3,545/yr in principal paydown compounds ownership stake. Total projected return: $164,863.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 8.0% |
| Monthly Cash Flow | $298 | $150 |
City averages based on Cutler market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,609 |
| Total Monthly Debt Service | $2,157 |
| DSCR Ratio | 1.21x |
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 2014
3.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46920, Cutler, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 459 (100%) |
| Owner Occupied HU | 377 (82.1%) |
| Renter Occupied HU | 56 (12.2%) |
| Vacant Housing Units | 26 ( 5.7%) |
| Median Home Value | $233,491 |
| Average Home Value | $282,275 |
Housing Distribution
Address Breakdown
Residential
402
Single Family
402
Multi-Family
0
Businesses
1
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 2014
3.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46920, Cutler, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 459 (100%) |
| Owner Occupied HU | 377 (82.1%) |
| Renter Occupied HU | 56 (12.2%) |
| Vacant Housing Units | 26 ( 5.7%) |
| Median Home Value | $233,491 |
| Average Home Value | $282,275 |
Housing Distribution
Address Breakdown
Residential
402
Single Family
402
Multi-Family
0
Businesses
1
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices