4775 W State Road 10North JudsonIN46366
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 4775 W State Road 10, North Judson, IN, 46366 in North Judson. At $162,000 it earns $1,440/mo in rent and distributes $468/mo to the owner after the $728/mo payment, a consistent 10.67% yield. DSCR 1.98 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $44,758 in value; $1,492/yr in principal paydown compounds ownership stake. Total projected return: $91,441.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.2% |
| Monthly Cash Flow | $468 | $200 |
City averages based on North Judson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,440 |
| Total Monthly Debt Service | $908 |
| DSCR Ratio | 1.59x |
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 1957
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46366, North Judson, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,537 (100%) |
| Owner Occupied HU | 1,865 (73.5%) |
| Renter Occupied HU | 450 (17.7%) |
| Vacant Housing Units | 222 ( 8.8%) |
| Median Home Value | $171,776 |
| Average Home Value | $195,007 |
Housing Distribution
Address Breakdown
Residential
2,426
Single Family
2,395
Multi-Family
31
Businesses
115
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 1957
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46366, North Judson, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,537 (100%) |
| Owner Occupied HU | 1,865 (73.5%) |
| Renter Occupied HU | 450 (17.7%) |
| Vacant Housing Units | 222 ( 8.8%) |
| Median Home Value | $171,776 |
| Average Home Value | $195,007 |
Housing Distribution
Address Breakdown
Residential
2,426
Single Family
2,395
Multi-Family
31
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aaron Bagsby • Keller Williams Realty - LAF
Mls Name: NIRA
Mls ID: #833815