797 S Graveyard RdParagonIN46166
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 797 S Graveyard Rd, Paragon, IN, 46166 in Paragon fits: $379,000, 0% gross yield, and a projected 5% annual appreciation rate adding $104,711 in value within five years. Rental yield 0%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.00) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $1,500 |
City averages based on Paragon market data in our database. Property projections are estimates.
Single Family
Built in 2000
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46166, Paragon, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 976 (100%) |
| Owner Occupied HU | 751 (76.9%) |
| Renter Occupied HU | 158 (16.2%) |
| Vacant Housing Units | 67 ( 6.9%) |
| Median Home Value | $222,679 |
| Average Home Value | $236,441 |
Housing Distribution
Address Breakdown
Residential
703
Single Family
703
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46166, Paragon, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 976 (100%) |
| Owner Occupied HU | 751 (76.9%) |
| Renter Occupied HU | 158 (16.2%) |
| Vacant Housing Units | 67 ( 6.9%) |
| Median Home Value | $222,679 |
| Average Home Value | $236,441 |
Housing Distribution
Address Breakdown
Residential
703
Single Family
703
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Danette Scott • Bennett Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22016145
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-25 07:47:46 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)