5898 W County Road 875 SKnightstownIN46148
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 5898 W County Road 875 S, Knightstown, IN, 46148 in Knightstown is narrow, $143/mo net on $1,478/mo rent after the $966/mo debt service, but the property operates at break-even-plus, not a loss. At $214,900 with a 8.26% yield, the long-run equity case via 5% appreciation ($59,373 over five years) and $1,979/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.53 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $90,740.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 7.0% |
| Monthly Cash Flow | $143 | $300 |
City averages based on Knightstown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,478 |
| Total Monthly Debt Service | $1,249 |
| DSCR Ratio | 1.18x |
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 1950
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46148, Knightstown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,206 (100%) |
| Owner Occupied HU | 1,559 (70.7%) |
| Renter Occupied HU | 458 (20.8%) |
| Vacant Housing Units | 189 ( 8.6%) |
| Median Home Value | $233,295 |
| Average Home Value | $261,750 |
Housing Distribution
Address Breakdown
Residential
2,056
Single Family
1,995
Multi-Family
61
Businesses
185
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 1950
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46148, Knightstown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,206 (100%) |
| Owner Occupied HU | 1,559 (70.7%) |
| Renter Occupied HU | 458 (20.8%) |
| Vacant Housing Units | 189 ( 8.6%) |
| Median Home Value | $233,295 |
| Average Home Value | $261,750 |
Housing Distribution
Address Breakdown
Residential
2,056
Single Family
1,995
Multi-Family
61
Businesses
185
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bryan Paugh • Legacy Real Estate Partners, Inc
Mls Name: RLMS
Mls Provider:
Mls ID: #10050614
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.