591 255 Lane Lake JamesFremontIN46737
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 591 255 Lane Lake James, Fremont, IN, 46737 in Fremont is straightforward: $199,500 in, $1,608/mo in rent, $379/mo out after debt service. The 9.67% gross yield and 1.79 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $55,118 by year five. With $1,837/yr in principal equity, the total cumulative return is projected at $100,047.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.0% |
| Monthly Cash Flow | $379 | $500 |
City averages based on Fremont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,608 |
| Total Monthly Debt Service | $1,149 |
| DSCR Ratio | 1.40x |
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 1987
0.35 Acres lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46737, Fremont, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,505 (100%) |
| Owner Occupied HU | 2,509 (55.7%) |
| Renter Occupied HU | 455 (10.1%) |
| Vacant Housing Units | 1,541 (34.2%) |
| Median Home Value | $310,137 |
| Average Home Value | $424,275 |
Housing Distribution
Address Breakdown
Residential
2,870
Single Family
2,870
Multi-Family
0
Businesses
215
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 1987
0.35 Acres lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46737, Fremont, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,505 (100%) |
| Owner Occupied HU | 2,509 (55.7%) |
| Renter Occupied HU | 455 (10.1%) |
| Vacant Housing Units | 1,541 (34.2%) |
| Median Home Value | $310,137 |
| Average Home Value | $424,275 |
Housing Distribution
Address Breakdown
Residential
2,870
Single Family
2,870
Multi-Family
0
Businesses
215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Raylene Webb • eXp Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202433606
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.