589 Hidden Hills Way #DSY11KPittsboroIN46167
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 589 Hidden Hills Way #DSY11K, Pittsboro, IN, 46167 in Pittsboro. At $351,100 it earns $2,773/mo in rent and distributes $666/mo to the owner after the $1,579/mo payment, a consistent 9.48% yield. DSCR 1.76 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $97,002 in value; $3,234/yr in principal paydown compounds ownership stake. Total projected return: $175,652.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 7.0% |
| Monthly Cash Flow | $666 | $150 |
City averages based on Pittsboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,773 |
| Total Monthly Debt Service | $1,968 |
| DSCR Ratio | 1.41x |
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.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46167, Pittsboro, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,877 (100%) |
| Owner Occupied HU | 2,560 (89.0%) |
| Renter Occupied HU | 262 ( 9.1%) |
| Vacant Housing Units | 55 ( 1.9%) |
| Median Home Value | $335,971 |
| Average Home Value | $381,369 |
Housing Distribution
Address Breakdown
Residential
2,766
Single Family
2,756
Multi-Family
10
Businesses
131
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46167, Pittsboro, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,877 (100%) |
| Owner Occupied HU | 2,560 (89.0%) |
| Renter Occupied HU | 262 ( 9.1%) |
| Vacant Housing Units | 55 ( 1.9%) |
| Median Home Value | $335,971 |
| Average Home Value | $381,369 |
Housing Distribution
Address Breakdown
Residential
2,766
Single Family
2,756
Multi-Family
10
Businesses
131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices