403 N Hobson StHillsboroIN47949
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 403 N Hobson St, Hillsboro, IN, 47949 in Hillsboro fits: $192,000, 0% gross yield, and a projected 5% annual appreciation rate adding $53,046 in value within five years. Rental yield 0%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.00) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.5% |
| Monthly Cash Flow | $0 | $400 |
City averages based on Hillsboro market data in our database. Property projections are estimates.
Single Family
Built in 1968
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47949, Hillsboro, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 538 (100%) |
| Owner Occupied HU | 405 (75.3%) |
| Renter Occupied HU | 59 (11.0%) |
| Vacant Housing Units | 74 (13.8%) |
| Median Home Value | $164,858 |
| Average Home Value | $199,309 |
Housing Distribution
Address Breakdown
Residential
408
Single Family
408
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1968
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47949, Hillsboro, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 538 (100%) |
| Owner Occupied HU | 405 (75.3%) |
| Renter Occupied HU | 59 (11.0%) |
| Vacant Housing Units | 74 (13.8%) |
| Median Home Value | $164,858 |
| Average Home Value | $199,309 |
Housing Distribution
Address Breakdown
Residential
408
Single Family
408
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices