7070 S 80 EWolcottvilleIN46795
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.54% gross rental yield, 7070 S 80 E, Wolcottville, IN, 46795 in Wolcottville is priced for capital growth, not immediate cash flow. The $265,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $73,215 by year five, with $2,441/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.84) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $59,395.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 7.0% |
| Monthly Cash Flow | $(593) | $300 |
City averages based on Wolcottville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,002 |
| Total Monthly Debt Service | $1,535 |
| DSCR Ratio | 0.65x |
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 1950
3,920 sqft lot
$N/A/sqft
$50 optional HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46795, Wolcottville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,704 (100%) |
| Owner Occupied HU | 2,221 (60.0%) |
| Renter Occupied HU | 321 ( 8.7%) |
| Vacant Housing Units | 1,162 (31.4%) |
| Median Home Value | $340,772 |
| Average Home Value | $426,127 |
Housing Distribution
Address Breakdown
Residential
2,546
Single Family
2,546
Multi-Family
0
Businesses
75
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 1950
3,920 sqft lot
$N/A/sqft
$50 optional HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46795, Wolcottville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,704 (100%) |
| Owner Occupied HU | 2,221 (60.0%) |
| Renter Occupied HU | 321 ( 8.7%) |
| Vacant Housing Units | 1,162 (31.4%) |
| Median Home Value | $340,772 |
| Average Home Value | $426,127 |
Housing Distribution
Address Breakdown
Residential
2,546
Single Family
2,546
Multi-Family
0
Businesses
75
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bradley Stinson • North Eastern Group Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509213
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.