7902 S Westmead DrNewberryIN47449
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 7902 S Westmead Dr, Newberry, IN, 47449 in Newberry deserves attention. This $332,000 property earns $2,843/mo in rent, a 10.28% gross yield, and nets $850/mo after the $1,493/mo payment. DSCR 1.90 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $91,725 compounds alongside $3,058/yr in yearly equity build, for a total cumulative return of $180,360.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 5.5% |
| Monthly Cash Flow | $850 | $1,200 |
City averages based on Newberry market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,843 |
| Total Monthly Debt Service | $1,861 |
| DSCR Ratio | 1.53x |
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 2026
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47449, Newberry, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 259 (100%) |
| Owner Occupied HU | 190 (73.4%) |
| Renter Occupied HU | 22 ( 8.5%) |
| Vacant Housing Units | 47 (18.1%) |
| Median Home Value | $216,197 |
| Average Home Value | $232,829 |
Housing Distribution
Address Breakdown
Residential
193
Single Family
193
Multi-Family
0
Businesses
16
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 2026
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47449, Newberry, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 259 (100%) |
| Owner Occupied HU | 190 (73.4%) |
| Renter Occupied HU | 22 ( 8.5%) |
| Vacant Housing Units | 47 (18.1%) |
| Median Home Value | $216,197 |
| Average Home Value | $232,829 |
Housing Distribution
Address Breakdown
Residential
193
Single Family
193
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices