50727 Pickett Ridge CtGrangerIN46530
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 50727 Pickett Ridge Ct, Granger, IN, 46530 in Granger at $575,000 earns $3,607/mo in rent and nets $156/mo after the $2,586/mo payment, a 7.53% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $158,862 over five years. Ziffy Mortgage underwrites this on a 1.39 DSCR without U.S. credit history. With $5,296/yr in principal paydown, total projected return reaches $227,539.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.0% |
| Monthly Cash Flow | $156 | $350 |
City averages based on Granger market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,607 |
| Total Monthly Debt Service | $3,223 |
| DSCR Ratio | 1.12x |
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 1995
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46530, Granger, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,467 (100%) |
| Owner Occupied HU | 10,079 (80.8%) |
| Renter Occupied HU | 1,813 (14.5%) |
| Vacant Housing Units | 575 ( 4.6%) |
| Median Home Value | $318,617 |
| Average Home Value | $362,554 |
Housing Distribution
Address Breakdown
Residential
12,208
Single Family
11,173
Multi-Family
1,035
Businesses
834
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 1995
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46530, Granger, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,467 (100%) |
| Owner Occupied HU | 10,079 (80.8%) |
| Renter Occupied HU | 1,813 (14.5%) |
| Vacant Housing Units | 575 ( 4.6%) |
| Median Home Value | $318,617 |
| Average Home Value | $362,554 |
Housing Distribution
Address Breakdown
Residential
12,208
Single Family
11,173
Multi-Family
1,035
Businesses
834
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices