409 N Sierer StFremontIN46737
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 409 N Sierer St, Fremont, IN, 46737 in Fremont speaks for itself: 11.8% gross on a $239,500 price, generating $2,356/mo in rent and $918/mo in net income after the $1,077/mo debt service. DSCR 2.19, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,015 stacks alongside $66,169 in projected five-year appreciation and $2,206/yr in principal reduction. Projected total cumulative return: $149,734.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.0% |
| Monthly Cash Flow | $918 | $500 |
City averages based on Fremont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,356 |
| Total Monthly Debt Service | $1,342 |
| DSCR Ratio | 1.76x |
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 2002
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46737, Fremont, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,505 (100%) |
| Owner Occupied HU | 2,509 (55.7%) |
| Renter Occupied HU | 455 (10.1%) |
| Vacant Housing Units | 1,541 (34.2%) |
| Median Home Value | $310,137 |
| Average Home Value | $424,275 |
Housing Distribution
Address Breakdown
Residential
2,870
Single Family
2,870
Multi-Family
0
Businesses
215
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 2002
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46737, Fremont, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,505 (100%) |
| Owner Occupied HU | 2,509 (55.7%) |
| Renter Occupied HU | 455 (10.1%) |
| Vacant Housing Units | 1,541 (34.2%) |
| Median Home Value | $310,137 |
| Average Home Value | $424,275 |
Housing Distribution
Address Breakdown
Residential
2,870
Single Family
2,870
Multi-Family
0
Businesses
215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Leckner • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202527058
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.