5104 Walnut StNew TrentonIN47035
INVESTMENT ANALYSIS
Investment Verdict
Solid Income5104 Walnut St, New Trenton, IN, 47035 in New Trenton is a solid income-producing rental, 9.1% gross yield, $1,213/mo rent, $253/mo net cash flow on a $159,900 buy. DSCR 1.69 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $44,177 and $1,473/yr in principal reduction project a total cumulative return of $76,795.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $253 | $2,500 |
City averages based on New Trenton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,213 |
| Total Monthly Debt Service | $896 |
| DSCR Ratio | 1.35x |
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 1838
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47035, New Trenton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 123 (100%) |
| Owner Occupied HU | 93 (75.6%) |
| Renter Occupied HU | 18 (14.6%) |
| Vacant Housing Units | 12 ( 9.8%) |
| Median Home Value | $332,222 |
| Average Home Value | $371,532 |
Housing Distribution
Address Breakdown
Residential
105
Single Family
105
Multi-Family
0
Businesses
4
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 1838
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47035, New Trenton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 123 (100%) |
| Owner Occupied HU | 93 (75.6%) |
| Renter Occupied HU | 18 (14.6%) |
| Vacant Housing Units | 12 ( 9.8%) |
| Median Home Value | $332,222 |
| Average Home Value | $371,532 |
Housing Distribution
Address Breakdown
Residential
105
Single Family
105
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS of Southeastern Indiana
Mls ID: #206928