7909 S Spring StDalevilleIN47334
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 7909 S Spring St, Daleville, IN, 47334 in Daleville: $1,096/mo in rent, $226/mo in net income, 9.08% gross yield, 1.68 DSCR, all at $144,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $40,033 in appreciation and $1,335/yr in principal paydown projects total cumulative return of $69,385.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $226 | $320 |
City averages based on Daleville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,096 |
| Total Monthly Debt Service | $812 |
| DSCR Ratio | 1.35x |
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 1890
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47334, Daleville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,468 (100%) |
| Owner Occupied HU | 1,105 (75.3%) |
| Renter Occupied HU | 264 (18.0%) |
| Vacant Housing Units | 99 ( 6.7%) |
| Median Home Value | $227,110 |
| Average Home Value | $248,572 |
Housing Distribution
Address Breakdown
Residential
1,261
Single Family
1,199
Multi-Family
62
Businesses
107
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 1890
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47334, Daleville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,468 (100%) |
| Owner Occupied HU | 1,105 (75.3%) |
| Renter Occupied HU | 264 (18.0%) |
| Vacant Housing Units | 99 ( 6.7%) |
| Median Home Value | $227,110 |
| Average Home Value | $248,572 |
Housing Distribution
Address Breakdown
Residential
1,261
Single Family
1,199
Multi-Family
62
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices