4827 S Slate Ford RoadScottsburgIN47170
INVESTMENT ANALYSIS
Investment Verdict
Solid Income4827 S Slate Ford Road, Scottsburg, IN, 47170 in Scottsburg is a solid income-producing rental, 8.46% gross yield, $1,798/mo rent, $267/mo net cash flow on a $255,000 buy. DSCR 1.57 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $70,452 and $2,349/yr in principal reduction project a total cumulative return of $113,687.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 7.0% |
| Monthly Cash Flow | $267 | $300 |
City averages based on Scottsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,798 |
| Total Monthly Debt Service | $1,429 |
| DSCR Ratio | 1.26x |
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
2.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47170, Scottsburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,833 (100%) |
| Owner Occupied HU | 4,256 (62.3%) |
| Renter Occupied HU | 1,960 (28.7%) |
| Vacant Housing Units | 617 ( 9.0%) |
| Median Home Value | $185,872 |
| Average Home Value | $216,799 |
Housing Distribution
Address Breakdown
Residential
6,473
Single Family
6,313
Multi-Family
160
Businesses
537
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
2.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47170, Scottsburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,833 (100%) |
| Owner Occupied HU | 4,256 (62.3%) |
| Renter Occupied HU | 1,960 (28.7%) |
| Vacant Housing Units | 617 ( 9.0%) |
| Median Home Value | $185,872 |
| Average Home Value | $216,799 |
Housing Distribution
Address Breakdown
Residential
6,473
Single Family
6,313
Multi-Family
160
Businesses
537
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tina Browning • Green Tree Real Estate Services
Mls Name: SIRA
Mls ID: #2025010964