7402 State Road 48AuroraIN47001
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 7402 State Road 48, Aurora, IN, 47001 in Aurora worth study. Rental yield 3.41%. The 3.41% gross yield is below cash-flow benchmarks at $739,900, but 5% annual appreciation, adding $204,421 over five years, frames this as a capital growth position. Rent of $2,100/mo partially offsets the $3,327/mo payment. Ziffy Mortgage finances appreciation-play properties (0.63 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $129,288.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.4% | 6.0% |
| Monthly Cash Flow | $(2,341) | $400 |
City averages based on Aurora market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,100 |
| Total Monthly Debt Service | $4,147 |
| DSCR Ratio | 0.51x |
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 1986
51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47001, Aurora, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,472 (100%) |
| Owner Occupied HU | 3,240 (72.5%) |
| Renter Occupied HU | 844 (18.9%) |
| Vacant Housing Units | 388 ( 8.7%) |
| Median Home Value | $213,898 |
| Average Home Value | $248,906 |
Housing Distribution
Address Breakdown
Residential
4,351
Single Family
4,282
Multi-Family
69
Businesses
296
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 1986
51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47001, Aurora, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,472 (100%) |
| Owner Occupied HU | 3,240 (72.5%) |
| Renter Occupied HU | 844 (18.9%) |
| Vacant Housing Units | 388 ( 8.7%) |
| Median Home Value | $213,898 |
| Average Home Value | $248,906 |
Housing Distribution
Address Breakdown
Residential
4,351
Single Family
4,282
Multi-Family
69
Businesses
296
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices