6140 N Philomath RdBrownsvilleIN47325
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 6140 N Philomath Rd, Brownsville, IN, 47325 in Brownsville at $204,900 earns $1,416/mo in rent and nets $186/mo after the $921/mo payment, a 8.29% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $56,610 over five years. Ziffy Mortgage underwrites this on a 1.54 DSCR without U.S. credit history. With $1,887/yr in principal paydown, total projected return reaches $89,532.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 7.0% |
| Monthly Cash Flow | $186 | $150 |
City averages based on Brownsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,416 |
| Total Monthly Debt Service | $1,148 |
| DSCR Ratio | 1.23x |
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 N/A
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47325, Brownsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 314 (100%) |
| Owner Occupied HU | 232 (73.9%) |
| Renter Occupied HU | 38 (12.1%) |
| Vacant Housing Units | 44 (14.0%) |
| Median Home Value | $172,159 |
| Average Home Value | $211,918 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
252
Multi-Family
0
Businesses
2
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 N/A
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47325, Brownsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 314 (100%) |
| Owner Occupied HU | 232 (73.9%) |
| Renter Occupied HU | 38 (12.1%) |
| Vacant Housing Units | 44 (14.0%) |
| Median Home Value | $172,159 |
| Average Home Value | $211,918 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
252
Multi-Family
0
Businesses
2
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Green • American Heritage Realty Inc
Mls Name: RLMS
Mls ID: #10052258