61 S West StRosedaleIN47874
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 61 S West St, Rosedale, IN, 47874 in Rosedale. At $130,000 it earns $1,009/mo in rent and distributes $229/mo to the owner after the $585/mo payment, a consistent 9.31% yield. DSCR 1.72 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $35,917 in value; $1,197/yr in principal paydown compounds ownership stake. Total projected return: $63,881.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $229 | $400 |
City averages based on Rosedale market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,009 |
| Total Monthly Debt Service | $729 |
| DSCR Ratio | 1.38x |
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 1914
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47874, Rosedale, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,586 (100%) |
| Owner Occupied HU | 1,185 (74.7%) |
| Renter Occupied HU | 210 (13.2%) |
| Vacant Housing Units | 191 (12.0%) |
| Median Home Value | $162,399 |
| Average Home Value | $176,063 |
Housing Distribution
Address Breakdown
Residential
1,297
Single Family
1,285
Multi-Family
12
Businesses
43
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 1914
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47874, Rosedale, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,586 (100%) |
| Owner Occupied HU | 1,185 (74.7%) |
| Renter Occupied HU | 210 (13.2%) |
| Vacant Housing Units | 191 (12.0%) |
| Median Home Value | $162,399 |
| Average Home Value | $176,063 |
Housing Distribution
Address Breakdown
Residential
1,297
Single Family
1,285
Multi-Family
12
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices