514 W Vine StNorth JudsonIN46366
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 514 W Vine St, North Judson, IN, 46366 in North Judson. Priced at $175,000, it generates $1,836/mo in gross rent and $786/mo in net monthly cash flow, a 12.59% yield that comfortably supports the 2.33 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,426. Five-year appreciation: $48,349. Equity from principal paydown: $1,612/yr. Total projected cumulative return: $116,817.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 6.2% |
| Monthly Cash Flow | $786 | $200 |
City averages based on North Judson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,836 |
| Total Monthly Debt Service | $981 |
| DSCR Ratio | 1.87x |
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 1938
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46366, North Judson, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,537 (100%) |
| Owner Occupied HU | 1,865 (73.5%) |
| Renter Occupied HU | 450 (17.7%) |
| Vacant Housing Units | 222 ( 8.8%) |
| Median Home Value | $171,776 |
| Average Home Value | $195,007 |
Housing Distribution
Address Breakdown
Residential
2,426
Single Family
2,395
Multi-Family
31
Businesses
115
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 1938
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46366, North Judson, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,537 (100%) |
| Owner Occupied HU | 1,865 (73.5%) |
| Renter Occupied HU | 450 (17.7%) |
| Vacant Housing Units | 222 ( 8.8%) |
| Median Home Value | $171,776 |
| Average Home Value | $195,007 |
Housing Distribution
Address Breakdown
Residential
2,426
Single Family
2,395
Multi-Family
31
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Clemons • Redlow Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202539027
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.