63 E McKeever StAndrewsIN46702
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Andrews rental at 63 E McKeever St, Andrews, IN, 46702 sits in the solid-income band: 9.7% gross yield, $1,657/mo rent, $427/mo net after the $922/mo debt service, DSCR 1.80. Entry price of $205,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $56,638 and $1,888/yr in principal reduction bring total cumulative return to $104,997.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 7.0% |
| Monthly Cash Flow | $427 | $150 |
City averages based on Andrews market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,657 |
| Total Monthly Debt Service | $1,149 |
| DSCR Ratio | 1.44x |
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 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46702, Andrews, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 956 (100%) |
| Owner Occupied HU | 708 (74.1%) |
| Renter Occupied HU | 139 (14.5%) |
| Vacant Housing Units | 109 (11.4%) |
| Median Home Value | $245,000 |
| Average Home Value | $276,691 |
Housing Distribution
Address Breakdown
Residential
788
Single Family
763
Multi-Family
25
Businesses
35
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 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46702, Andrews, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 956 (100%) |
| Owner Occupied HU | 708 (74.1%) |
| Renter Occupied HU | 139 (14.5%) |
| Vacant Housing Units | 109 (11.4%) |
| Median Home Value | $245,000 |
| Average Home Value | $276,691 |
Housing Distribution
Address Breakdown
Residential
788
Single Family
763
Multi-Family
25
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices