540 W Hastings StMontgomeryIN47558
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 540 W Hastings St, Montgomery, IN, 47558 in Montgomery offers a clean, manageable entry. Rental yield 6.69%. DSCR 1.24 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $75,977 in additional property value over five years, with $2,533/yr in principal equity building ownership stake. Total projected cumulative return: $96,555.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 6.5% |
| Monthly Cash Flow | $(117) | $250 |
City averages based on Montgomery market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,534 |
| Total Monthly Debt Service | $1,541 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1890
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47558, Montgomery, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,507 (100%) |
| Owner Occupied HU | 1,253 (83.1%) |
| Renter Occupied HU | 199 (13.2%) |
| Vacant Housing Units | 55 ( 3.6%) |
| Median Home Value | $302,241 |
| Average Home Value | $338,426 |
Housing Distribution
Address Breakdown
Residential
1,473
Single Family
1,473
Multi-Family
0
Businesses
112
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 1890
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47558, Montgomery, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,507 (100%) |
| Owner Occupied HU | 1,253 (83.1%) |
| Renter Occupied HU | 199 (13.2%) |
| Vacant Housing Units | 55 ( 3.6%) |
| Median Home Value | $302,241 |
| Average Home Value | $338,426 |
Housing Distribution
Address Breakdown
Residential
1,473
Single Family
1,473
Multi-Family
0
Businesses
112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Delmar W Wagler • Integrity Realty Group LLC
Mls Name: IRMLS
Mls ID: #202602981