424 Mill SpgsFillmoreIN46128
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 424 Mill Spgs, Fillmore, IN, 46128 in Fillmore worth study. Rental yield 3.45%. The 3.45% gross yield is below cash-flow benchmarks at $354,900, but 5% annual appreciation, adding $98,052 over five years, frames this as a capital growth position. Rent of $1,020/mo partially offsets the $1,596/mo payment. Ziffy Mortgage finances appreciation-play properties (0.64 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $62,840.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 6.0% |
| Monthly Cash Flow | $(1,137) | $1,200 |
City averages based on Fillmore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,020 |
| Total Monthly Debt Service | $1,989 |
| DSCR Ratio | 0.51x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2026
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46128, Fillmore, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 738 (100%) |
| Owner Occupied HU | 599 (81.2%) |
| Renter Occupied HU | 102 (13.8%) |
| Vacant Housing Units | 37 ( 5.0%) |
| Median Home Value | $224,032 |
| Average Home Value | $272,291 |
Housing Distribution
Address Breakdown
Residential
835
Single Family
835
Multi-Family
0
Businesses
23
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 2026
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46128, Fillmore, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 738 (100%) |
| Owner Occupied HU | 599 (81.2%) |
| Renter Occupied HU | 102 (13.8%) |
| Vacant Housing Units | 37 ( 5.0%) |
| Median Home Value | $224,032 |
| Average Home Value | $272,291 |
Housing Distribution
Address Breakdown
Residential
835
Single Family
835
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices