46 S Delmar CtHebronIN46341
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 46 S Delmar Ct, Hebron, IN, 46341 in Hebron earns a 8.59% gross yield at $204,000. Rent of $1,460/mo nets $235/mo after the $917/mo mortgage. The 1.59 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $56,361 and $1,879/yr in equity accumulation project a total cumulative return of $92,356.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 7.0% |
| Monthly Cash Flow | $235 | $300 |
City averages based on Hebron market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,460 |
| Total Monthly Debt Service | $1,143 |
| DSCR Ratio | 1.28x |
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.
Manufactured
Built in 2000
10,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46341, Hebron, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,266 (100%) |
| Owner Occupied HU | 3,527 (82.7%) |
| Renter Occupied HU | 584 (13.7%) |
| Vacant Housing Units | 155 ( 3.6%) |
| Median Home Value | $317,044 |
| Average Home Value | $336,961 |
Housing Distribution
Address Breakdown
Residential
3,973
Single Family
3,553
Multi-Family
420
Businesses
133
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
Manufactured
Built in 2000
10,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46341, Hebron, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,266 (100%) |
| Owner Occupied HU | 3,527 (82.7%) |
| Renter Occupied HU | 584 (13.7%) |
| Vacant Housing Units | 155 ( 3.6%) |
| Median Home Value | $317,044 |
| Average Home Value | $336,961 |
Housing Distribution
Address Breakdown
Residential
3,973
Single Family
3,553
Multi-Family
420
Businesses
133
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices