8042 Big Cedar RdCedar GroveIN47016
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 8042 Big Cedar Rd, Cedar Grove, IN, 47016 in Cedar Grove. At $227,500 it earns $1,611/mo in rent and distributes $245/mo to the owner after the $1,023/mo payment, a consistent 8.5% yield. DSCR 1.57 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $62,854 in value; $2,095/yr in principal paydown compounds ownership stake. Total projected return: $101,873.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $245 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,611 |
| Total Monthly Debt Service | $1,275 |
| DSCR Ratio | 1.26x |
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 1996
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47016, Cedar Grove, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 284 (71.0%) |
| Renter Occupied HU | 72 (18.0%) |
| Vacant Housing Units | 44 (11.0%) |
| Median Home Value | $301,389 |
| Average Home Value | $348,169 |
Housing Distribution
Address Breakdown
Residential
341
Single Family
341
Multi-Family
0
Businesses
17
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 1996
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47016, Cedar Grove, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 284 (71.0%) |
| Renter Occupied HU | 72 (18.0%) |
| Vacant Housing Units | 44 (11.0%) |
| Median Home Value | $301,389 |
| Average Home Value | $348,169 |
Housing Distribution
Address Breakdown
Residential
341
Single Family
341
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS of Southeastern Indiana
Mls ID: #206587