600 N Lawndale CtPerrysvilleIN47974
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 600 N Lawndale Ct, Perrysville, IN, 47974 in Perrysville at $225,000, 4.65% gross yield, is a market-growth asset. Rental yield 4.65%. The $871/mo rent partially funds the $1,012/mo debt service; the core return is the 5%/yr price growth projected to add $62,163 over five years. Ziffy Mortgage's DSCR mortgage (0.86) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $54,264.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 6.0% |
| Monthly Cash Flow | $(479) | $300 |
City averages based on Perrysville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $871 |
| Total Monthly Debt Service | $1,261 |
| DSCR Ratio | 0.69x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1996
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47974, Perrysville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 501 (100%) |
| Owner Occupied HU | 351 (70.1%) |
| Renter Occupied HU | 103 (20.6%) |
| Vacant Housing Units | 47 ( 9.4%) |
| Median Home Value | $129,605 |
| Average Home Value | $155,185 |
Housing Distribution
Address Breakdown
Residential
327
Single Family
303
Multi-Family
24
Businesses
18
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 1996
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47974, Perrysville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 501 (100%) |
| Owner Occupied HU | 351 (70.1%) |
| Renter Occupied HU | 103 (20.6%) |
| Vacant Housing Units | 47 ( 9.4%) |
| Median Home Value | $129,605 |
| Average Home Value | $155,185 |
Housing Distribution
Address Breakdown
Residential
327
Single Family
303
Multi-Family
24
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Greg Clingan • GregClingan Auction&RealEstate
Mls Name: IRMLS
Mls ID: #202535020