5025 N Elder RdLarwillIN46764
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Larwill rentals match the income profile of 5025 N Elder Rd, Larwill, IN, 46764. Listed at $350,000, gross rent is $3,426/mo and net cash flow is $1,302/mo, a 11.75% yield well above national averages. DSCR 2.18 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $96,699 by year five with $3,224/yr in annual principal reduction, projecting $216,283 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 7.0% |
| Monthly Cash Flow | $1,302 | $500 |
City averages based on Larwill market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,426 |
| Total Monthly Debt Service | $1,985 |
| DSCR Ratio | 1.73x |
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 2020
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46764, Larwill, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 641 (100%) |
| Owner Occupied HU | 521 (81.3%) |
| Renter Occupied HU | 60 ( 9.4%) |
| Vacant Housing Units | 60 ( 9.4%) |
| Median Home Value | $265,449 |
| Average Home Value | $318,306 |
Housing Distribution
Address Breakdown
Residential
491
Single Family
491
Multi-Family
0
Businesses
22
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 2020
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46764, Larwill, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 641 (100%) |
| Owner Occupied HU | 521 (81.3%) |
| Renter Occupied HU | 60 ( 9.4%) |
| Vacant Housing Units | 60 ( 9.4%) |
| Median Home Value | $265,449 |
| Average Home Value | $318,306 |
Housing Distribution
Address Breakdown
Residential
491
Single Family
491
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Hall • Patton Hall Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517345
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.