7610 E 100 NCraigvilleIN46731
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.22% gross rental yield, 7610 E 100 N, Craigville, IN, 46731 in Craigville is priced for capital growth, not immediate cash flow. The $550,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $151,955 by year five, with $5,066/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.78) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $120,270.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 8.0% |
| Monthly Cash Flow | $(1,366) | $1,200 |
City averages based on Craigville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,936 |
| Total Monthly Debt Service | $3,083 |
| DSCR Ratio | 0.63x |
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 1900
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46731, Craigville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 212 (100%) |
| Owner Occupied HU | 197 (92.9%) |
| Renter Occupied HU | 10 ( 4.7%) |
| Vacant Housing Units | 5 ( 2.4%) |
| Median Home Value | $275,000 |
| Average Home Value | $312,437 |
Housing Distribution
Address Breakdown
Residential
193
Single Family
193
Multi-Family
0
Businesses
12
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 1900
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46731, Craigville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 212 (100%) |
| Owner Occupied HU | 197 (92.9%) |
| Renter Occupied HU | 10 ( 4.7%) |
| Vacant Housing Units | 5 ( 2.4%) |
| Median Home Value | $275,000 |
| Average Home Value | $312,437 |
Housing Distribution
Address Breakdown
Residential
193
Single Family
193
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A