6501 W County Road 1300 NRussellvilleIN46175
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable, bankable, and well-priced, 6501 W County Road 1300 N, Russellville, IN, 46175 in Russellville delivers $2,644/mo in gross rent and $243/mo in net monthly income at a $399,900 entry. The 7.93% yield and 1.47 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $110,485 over five years and $3,683/yr in equity from loan paydown, total projected return is $166,993.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.0% |
| Monthly Cash Flow | $243 | $300 |
City averages based on Russellville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,644 |
| Total Monthly Debt Service | $2,241 |
| DSCR Ratio | 1.18x |
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 1962
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46175, Russellville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 254 (100%) |
| Owner Occupied HU | 193 (76.0%) |
| Renter Occupied HU | 37 (14.6%) |
| Vacant Housing Units | 24 ( 9.4%) |
| Median Home Value | $129,167 |
| Average Home Value | $208,433 |
Housing Distribution
Address Breakdown
Residential
137
Single Family
137
Multi-Family
0
Businesses
11
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 1962
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46175, Russellville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 254 (100%) |
| Owner Occupied HU | 193 (76.0%) |
| Renter Occupied HU | 37 (14.6%) |
| Vacant Housing Units | 24 ( 9.4%) |
| Median Home Value | $129,167 |
| Average Home Value | $208,433 |
Housing Distribution
Address Breakdown
Residential
137
Single Family
137
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22090583