401 W Parsonage StHudsonIN46747
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Hudson rental at 401 W Parsonage St, Hudson, IN, 46747 sits in the solid-income band: 11.18% gross yield, $1,369/mo rent, $487/mo net after the $661/mo debt service, DSCR 2.07. Entry price of $147,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $40,613 and $1,354/yr in principal reduction bring total cumulative return to $86,995.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.0% |
| Monthly Cash Flow | $487 | $150 |
City averages based on Hudson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,369 |
| Total Monthly Debt Service | $824 |
| DSCR Ratio | 1.66x |
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 1910
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46747, Hudson, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,421 (100%) |
| Owner Occupied HU | 891 (62.7%) |
| Renter Occupied HU | 155 (10.9%) |
| Vacant Housing Units | 375 (26.4%) |
| Median Home Value | $236,990 |
| Average Home Value | $282,814 |
Housing Distribution
Address Breakdown
Residential
962
Single Family
962
Multi-Family
0
Businesses
45
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 1910
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46747, Hudson, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,421 (100%) |
| Owner Occupied HU | 891 (62.7%) |
| Renter Occupied HU | 155 (10.9%) |
| Vacant Housing Units | 375 (26.4%) |
| Median Home Value | $236,990 |
| Average Home Value | $282,814 |
Housing Distribution
Address Breakdown
Residential
962
Single Family
962
Multi-Family
0
Businesses
45
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Johnson • RE/MAX Results - Angola office
Mls Name: IRMLS
Mls Provider:
Mls ID: #202434428
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.