6409 Calla Lilly CtLanesvilleIN47136
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 6409 Calla Lilly Ct, Lanesville, IN, 47136 in Lanesville: $2,567/mo in rent, $891/mo net, 11.12% gross yield, all on a $276,990 acquisition. The 2.06 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $76,527 in value, and $2,551/yr in principal paydown steadily builds equity. Projected total cumulative return: $163,028.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 5.0% |
| Monthly Cash Flow | $891 | $200 |
City averages based on Lanesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,567 |
| Total Monthly Debt Service | $1,553 |
| DSCR Ratio | 1.65x |
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 2026
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47136, Lanesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,034 (100%) |
| Owner Occupied HU | 1,721 (84.6%) |
| Renter Occupied HU | 227 (11.2%) |
| Vacant Housing Units | 86 ( 4.2%) |
| Median Home Value | $304,545 |
| Average Home Value | $341,761 |
Housing Distribution
Address Breakdown
Residential
1,889
Single Family
1,889
Multi-Family
0
Businesses
69
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 2026
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47136, Lanesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,034 (100%) |
| Owner Occupied HU | 1,721 (84.6%) |
| Renter Occupied HU | 227 (11.2%) |
| Vacant Housing Units | 86 ( 4.2%) |
| Median Home Value | $304,545 |
| Average Home Value | $341,761 |
Housing Distribution
Address Breakdown
Residential
1,889
Single Family
1,889
Multi-Family
0
Businesses
69
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: IRMLS
Mls ID: #202607689