7426 S County Road 445 WReelsvilleIN46171
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 7426 S County Road 445 W, Reelsville, IN, 46171 in Reelsville is listed at $244,500 and delivers $1,783/mo in rent and $316/mo in net monthly cash flow. The 8.75% yield and 1.62 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $67,551 over five years, and $2,252/yr in principal reduction supplements cash return. Total projected cumulative return: $112,879.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.0% |
| Monthly Cash Flow | $316 | $1,500 |
City averages based on Reelsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,783 |
| Total Monthly Debt Service | $1,370 |
| DSCR Ratio | 1.30x |
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 1965
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46171, Reelsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 863 (100%) |
| Owner Occupied HU | 710 (82.3%) |
| Renter Occupied HU | 81 ( 9.4%) |
| Vacant Housing Units | 72 ( 8.3%) |
| Median Home Value | $258,738 |
| Average Home Value | $302,792 |
Housing Distribution
Address Breakdown
Residential
776
Single Family
776
Multi-Family
0
Businesses
14
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 1965
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46171, Reelsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 863 (100%) |
| Owner Occupied HU | 710 (82.3%) |
| Renter Occupied HU | 81 ( 9.4%) |
| Vacant Housing Units | 72 ( 8.3%) |
| Median Home Value | $258,738 |
| Average Home Value | $302,792 |
Housing Distribution
Address Breakdown
Residential
776
Single Family
776
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: RODNEY B SNEATH • A & B HOMES
Mls Name: THAAR
Mls ID: #107313