7623 W 650 SRossvilleIN46065
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 7623 W 650 S, Rossville, IN, 46065 in Rossville at $705,000, 5.36% gross yield, is a market-growth asset. Rental yield 5.36%. The $3,148/mo rent partially funds the $3,170/mo debt service; the core return is the 5%/yr price growth projected to add $194,779 over five years. Ziffy Mortgage's DSCR mortgage (0.99) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $197,004.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 6.0% |
| Monthly Cash Flow | $(1,084) | $300 |
City averages based on Rossville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,148 |
| Total Monthly Debt Service | $3,952 |
| DSCR Ratio | 0.80x |
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 2000
5.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46065, Rossville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,437 (100%) |
| Owner Occupied HU | 1,126 (78.4%) |
| Renter Occupied HU | 234 (16.3%) |
| Vacant Housing Units | 77 ( 5.4%) |
| Median Home Value | $238,670 |
| Average Home Value | $288,730 |
Housing Distribution
Address Breakdown
Residential
1,107
Single Family
1,091
Multi-Family
16
Businesses
76
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 2000
5.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46065, Rossville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,437 (100%) |
| Owner Occupied HU | 1,126 (78.4%) |
| Renter Occupied HU | 234 (16.3%) |
| Vacant Housing Units | 77 ( 5.4%) |
| Median Home Value | $238,670 |
| Average Home Value | $288,730 |
Housing Distribution
Address Breakdown
Residential
1,107
Single Family
1,091
Multi-Family
16
Businesses
76
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janilyn Layton • BerkshireHathaway HS IN Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202528808
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.