499 S County Road 525 EMilanIN47031
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 499 S County Road 525 E, Milan, IN, 47031 in Milan is capital appreciation. Rental yield 5.61%. The 5.61% gross yield at $224,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $62,136 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.04) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $65,883.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 6.5% |
| Monthly Cash Flow | $(299) | $200 |
City averages based on Milan market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,051 |
| Total Monthly Debt Service | $1,261 |
| DSCR Ratio | 0.83x |
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 1967
5.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47031, Milan, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,060 (100%) |
| Owner Occupied HU | 1,566 (76.0%) |
| Renter Occupied HU | 341 (16.6%) |
| Vacant Housing Units | 153 ( 7.4%) |
| Median Home Value | $240,502 |
| Average Home Value | $322,182 |
Housing Distribution
Address Breakdown
Residential
1,831
Single Family
1,746
Multi-Family
85
Businesses
100
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 1967
5.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47031, Milan, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,060 (100%) |
| Owner Occupied HU | 1,566 (76.0%) |
| Renter Occupied HU | 341 (16.6%) |
| Vacant Housing Units | 153 ( 7.4%) |
| Median Home Value | $240,502 |
| Average Home Value | $322,182 |
Housing Distribution
Address Breakdown
Residential
1,831
Single Family
1,746
Multi-Family
85
Businesses
100
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices