79 Gnarled Oak LnWhitelandIN46184
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 79 Gnarled Oak Ln, Whiteland, IN, 46184 in Whiteland at $297,000 earns $1,830/mo in rent and nets $47/mo after the $1,336/mo payment, a 7.39% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $82,056 over five years. Ziffy Mortgage underwrites this on a 1.37 DSCR without U.S. credit history. With $2,735/yr in principal paydown, total projected return reaches $115,443.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.0% |
| Monthly Cash Flow | $47 | $200 |
City averages based on Whiteland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,830 |
| Total Monthly Debt Service | $1,665 |
| DSCR Ratio | 1.10x |
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 2024
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46184, Whiteland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 4,390 (84.6%) |
| Renter Occupied HU | 740 (14.3%) |
| Vacant Housing Units | 60 ( 1.2%) |
| Median Home Value | $261,290 |
| Average Home Value | $282,753 |
Housing Distribution
Address Breakdown
Residential
5,129
Single Family
5,129
Multi-Family
0
Businesses
293
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 2024
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46184, Whiteland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 4,390 (84.6%) |
| Renter Occupied HU | 740 (14.3%) |
| Vacant Housing Units | 60 ( 1.2%) |
| Median Home Value | $261,290 |
| Average Home Value | $282,753 |
Housing Distribution
Address Breakdown
Residential
5,129
Single Family
5,129
Multi-Family
0
Businesses
293
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices