408 E Sycamore StSilver LakeIN46982
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Silver Lake rentals match the income profile of 408 E Sycamore St, Silver Lake, IN, 46982. Listed at $154,900, gross rent is $1,532/mo and net cash flow is $603/mo, a 11.87% yield well above national averages. DSCR 2.09 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $42,796 by year five with $1,299/yr in annual principal reduction, projecting $94,510 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.2% |
| Monthly Cash Flow | $603 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,532 |
| Total Monthly Debt Service | $906 |
| DSCR Ratio | 1.69x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1880
8,712 sqft lot
$N/A/sqft
No HOA
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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
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Listed by: Keli Cordill • Tri Oaks Realty
Mls Name: IRMLS
Mls ID: #202545381
