5848 Sugar Maple RdCanneltonIN47520
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 5848 Sugar Maple Rd, Cannelton, IN, 47520 in Cannelton delivers $1,456/mo in gross rent and $316/mo in net monthly income at a $189,900 entry. The 9.2% yield and 1.70 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $52,466 over five years and $1,749/yr in equity from loan paydown, total projected return is $92,214.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 8.0% |
| Monthly Cash Flow | $316 | $1,200 |
City averages based on Cannelton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,456 |
| Total Monthly Debt Service | $1,064 |
| DSCR Ratio | 1.37x |
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 1998
5.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47520, Cannelton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,558 (100%) |
| Owner Occupied HU | 934 (59.9%) |
| Renter Occupied HU | 387 (24.8%) |
| Vacant Housing Units | 237 (15.2%) |
| Median Home Value | $218,750 |
| Average Home Value | $251,004 |
Housing Distribution
Address Breakdown
Residential
1,481
Single Family
1,319
Multi-Family
162
Businesses
65
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 1998
5.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47520, Cannelton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,558 (100%) |
| Owner Occupied HU | 934 (59.9%) |
| Renter Occupied HU | 387 (24.8%) |
| Vacant Housing Units | 237 (15.2%) |
| Median Home Value | $218,750 |
| Average Home Value | $251,004 |
Housing Distribution
Address Breakdown
Residential
1,481
Single Family
1,319
Multi-Family
162
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices