4371 N Banta RdBargersvilleIN46106
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 4371 N Banta Rd, Bargersville, IN, 46106 in Bargersville. Rental yield 3.85%. At $749,000 with 3.85% gross yield, current distributions are modest, but the 5% appreciation rate projects $206,935 in new equity by year five, complemented by $6,898/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.71) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $148,632.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 6.5% |
| Monthly Cash Flow | $(2,094) | $500 |
City averages based on Bargersville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,402 |
| Total Monthly Debt Service | $4,198 |
| DSCR Ratio | 0.57x |
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 1949
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46106, Bargersville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,989 (100%) |
| Owner Occupied HU | 3,155 (79.1%) |
| Renter Occupied HU | 661 (16.6%) |
| Vacant Housing Units | 173 ( 4.3%) |
| Median Home Value | $399,938 |
| Average Home Value | $520,540 |
Housing Distribution
Address Breakdown
Residential
3,749
Single Family
3,749
Multi-Family
0
Businesses
165
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 1949
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46106, Bargersville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,989 (100%) |
| Owner Occupied HU | 3,155 (79.1%) |
| Renter Occupied HU | 661 (16.6%) |
| Vacant Housing Units | 173 ( 4.3%) |
| Median Home Value | $399,938 |
| Average Home Value | $520,540 |
Housing Distribution
Address Breakdown
Residential
3,749
Single Family
3,749
Multi-Family
0
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tanya Smythe • Smythe & Co, Inc
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22070548