402 W Jefferson StKoutsIN46347
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 402 W Jefferson St, Kouts, IN, 46347 in Kouts worth modelling. At $259,900 with a 7.77% gross yield, the $1,682/mo rent leaves $122/mo after the $1,169/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.44 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $71,806 by year five; $2,394/yr in principal reduction adds further equity. Total projected return: $106,164.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.0% |
| Monthly Cash Flow | $122 | $300 |
City averages based on Kouts market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,682 |
| Total Monthly Debt Service | $1,457 |
| DSCR Ratio | 1.15x |
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 1974
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46347, Kouts, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,834 (100%) |
| Owner Occupied HU | 1,559 (85.0%) |
| Renter Occupied HU | 188 (10.3%) |
| Vacant Housing Units | 87 ( 4.7%) |
| Median Home Value | $286,551 |
| Average Home Value | $331,780 |
Housing Distribution
Address Breakdown
Residential
1,656
Single Family
1,656
Multi-Family
0
Businesses
99
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 1974
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46347, Kouts, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,834 (100%) |
| Owner Occupied HU | 1,559 (85.0%) |
| Renter Occupied HU | 188 (10.3%) |
| Vacant Housing Units | 87 ( 4.7%) |
| Median Home Value | $286,551 |
| Average Home Value | $331,780 |
Housing Distribution
Address Breakdown
Residential
1,656
Single Family
1,656
Multi-Family
0
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices