512 Redbud LnMiddleburyIN46540
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Middlebury rentals match the income profile of 512 Redbud Ln, Middlebury, IN, 46540. Listed at $286,900, gross rent is $2,394/mo and net cash flow is $672/mo, a 10.01% yield well above national averages. DSCR 1.86 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $79,265 by year five with $2,642/yr in annual principal reduction, projecting $151,846 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 7.0% |
| Monthly Cash Flow | $672 | $300 |
City averages based on Middlebury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,394 |
| Total Monthly Debt Service | $1,608 |
| DSCR Ratio | 1.49x |
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 1988
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46540, Middlebury, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,333 (100%) |
| Owner Occupied HU | 3,498 (80.7%) |
| Renter Occupied HU | 659 (15.2%) |
| Vacant Housing Units | 176 ( 4.1%) |
| Median Home Value | $339,066 |
| Average Home Value | $378,665 |
Housing Distribution
Address Breakdown
Residential
4,197
Single Family
4,157
Multi-Family
40
Businesses
437
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 1988
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46540, Middlebury, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,333 (100%) |
| Owner Occupied HU | 3,498 (80.7%) |
| Renter Occupied HU | 659 (15.2%) |
| Vacant Housing Units | 176 ( 4.1%) |
| Median Home Value | $339,066 |
| Average Home Value | $378,665 |
Housing Distribution
Address Breakdown
Residential
4,197
Single Family
4,157
Multi-Family
40
Businesses
437
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rob Bach • Hallmark Excellence Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510883
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.