509 Nancy DrSweetserIN46987
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 509 Nancy Dr, Sweetser, IN, 46987 in Sweetser earns a 9.75% gross yield at $166,000. Rent of $1,349/mo nets $352/mo after the $746/mo mortgage. The 1.81 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $45,863 and $1,529/yr in equity accumulation project a total cumulative return of $85,578.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 8.0% |
| Monthly Cash Flow | $352 | $1,200 |
City averages based on Sweetser market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,349 |
| Total Monthly Debt Service | $930 |
| DSCR Ratio | 1.45x |
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 1970
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46987, Sweetser, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 446 (100%) |
| Owner Occupied HU | 341 (76.5%) |
| Renter Occupied HU | 81 (18.2%) |
| Vacant Housing Units | 24 ( 5.4%) |
| Median Home Value | $194,471 |
| Average Home Value | $210,814 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
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 1970
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46987, Sweetser, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 446 (100%) |
| Owner Occupied HU | 341 (76.5%) |
| Renter Occupied HU | 81 (18.2%) |
| Vacant Housing Units | 24 ( 5.4%) |
| Median Home Value | $194,471 |
| Average Home Value | $210,814 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices