8173 E Walnut RdgNew CarlisleIN46552
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 8173 E Walnut Rdg, New Carlisle, IN, 46552 in New Carlisle: $5,083/mo in rent, $1,031/mo in net income, 9.04% gross yield, 1.67 DSCR, all at $675,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $186,490 in appreciation and $6,217/yr in principal paydown projects total cumulative return of $321,768.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.5% |
| Monthly Cash Flow | $1,031 | $250 |
City averages based on New Carlisle market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $5,083 |
| Total Monthly Debt Service | $3,783 |
| DSCR Ratio | 1.34x |
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 2003
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46552, New Carlisle, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,992 (100%) |
| Owner Occupied HU | 2,115 (70.7%) |
| Renter Occupied HU | 521 (17.4%) |
| Vacant Housing Units | 356 (11.9%) |
| Median Home Value | $262,293 |
| Average Home Value | $301,338 |
Housing Distribution
Address Breakdown
Residential
2,187
Single Family
2,085
Multi-Family
102
Businesses
155
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 2003
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46552, New Carlisle, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,992 (100%) |
| Owner Occupied HU | 2,115 (70.7%) |
| Renter Occupied HU | 521 (17.4%) |
| Vacant Housing Units | 356 (11.9%) |
| Median Home Value | $262,293 |
| Average Home Value | $301,338 |
Housing Distribution
Address Breakdown
Residential
2,187
Single Family
2,085
Multi-Family
102
Businesses
155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: IRMLS
Mls ID: #202617581