5521 E 650 NRochesterIN46975
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 5521 E 650 N, Rochester, IN, 46975 in Rochester earns a 9.52% gross yield at $110,000. Rent of $873/mo nets $213/mo after the $495/mo mortgage. The 1.76 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $30,391 and $1,013/yr in equity accumulation project a total cumulative return of $55,345.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.5% |
| Monthly Cash Flow | $213 | $250 |
City averages based on Rochester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $873 |
| Total Monthly Debt Service | $617 |
| DSCR Ratio | 1.42x |
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.
Manufactured
Built in 1965
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46975, Rochester, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,778 (100%) |
| Owner Occupied HU | 4,464 (65.9%) |
| Renter Occupied HU | 1,433 (21.1%) |
| Vacant Housing Units | 881 (13.0%) |
| Median Home Value | $209,010 |
| Average Home Value | $245,757 |
Housing Distribution
Address Breakdown
Residential
6,117
Single Family
6,067
Multi-Family
50
Businesses
519
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
Manufactured
Built in 1965
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46975, Rochester, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,778 (100%) |
| Owner Occupied HU | 4,464 (65.9%) |
| Renter Occupied HU | 1,433 (21.1%) |
| Vacant Housing Units | 881 (13.0%) |
| Median Home Value | $209,010 |
| Average Home Value | $245,757 |
Housing Distribution
Address Breakdown
Residential
6,117
Single Family
6,067
Multi-Family
50
Businesses
519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Malchow • RE/MAX SELECT REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523805
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.