67132 County Road 43MillersburgIN46543
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 67132 County Road 43, Millersburg, IN, 46543 in Millersburg worth study. Rental yield 4.14%. The 4.14% gross yield is below cash-flow benchmarks at $619,900, but 5% annual appreciation, adding $171,267 over five years, frames this as a capital growth position. Rent of $2,138/mo partially offsets the $2,787/mo payment. Ziffy Mortgage finances appreciation-play properties (0.77 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $132,687.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.1% | 8.0% |
| Monthly Cash Flow | $(1,583) | $300 |
City averages based on Millersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,138 |
| Total Monthly Debt Service | $3,475 |
| DSCR Ratio | 0.62x |
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 1990
10.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46543, Millersburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,242 (100%) |
| Owner Occupied HU | 1,038 (83.6%) |
| Renter Occupied HU | 152 (12.2%) |
| Vacant Housing Units | 52 ( 4.2%) |
| Median Home Value | $328,090 |
| Average Home Value | $426,869 |
Housing Distribution
Address Breakdown
Residential
964
Single Family
964
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 1990
10.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46543, Millersburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,242 (100%) |
| Owner Occupied HU | 1,038 (83.6%) |
| Renter Occupied HU | 152 (12.2%) |
| Vacant Housing Units | 52 ( 4.2%) |
| Median Home Value | $328,090 |
| Average Home Value | $426,869 |
Housing Distribution
Address Breakdown
Residential
964
Single Family
964
Multi-Family
0
Businesses
69
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sheila Showalter • RE/MAX Results-Goshen
Mls Name: IRMLS
Mls ID: #202530868