6140 W Ferguson CirRichlandIN47634
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 6140 W Ferguson Cir, Richland, IN, 47634 in Richland. Rental yield 5.3%. At $330,000 with 5.3% gross yield, current distributions are modest, but the 5% appreciation rate projects $91,173 in new equity by year five, complemented by $3,039/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.98) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $91,179.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 8.0% |
| Monthly Cash Flow | $(524) | $1,200 |
City averages based on Richland 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 | $1,457 |
| Total Monthly Debt Service | $1,850 |
| DSCR Ratio | 0.79x |
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 1981
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47634, Richland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 975 (100%) |
| Owner Occupied HU | 783 (80.3%) |
| Renter Occupied HU | 96 ( 9.8%) |
| Vacant Housing Units | 96 ( 9.8%) |
| Median Home Value | $204,752 |
| Average Home Value | $231,360 |
Housing Distribution
Address Breakdown
Residential
945
Single Family
945
Multi-Family
0
Businesses
27
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 1981
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47634, Richland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 975 (100%) |
| Owner Occupied HU | 783 (80.3%) |
| Renter Occupied HU | 96 ( 9.8%) |
| Vacant Housing Units | 96 ( 9.8%) |
| Median Home Value | $204,752 |
| Average Home Value | $231,360 |
Housing Distribution
Address Breakdown
Residential
945
Single Family
945
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices