8234 York Ridge RdGuilfordIN47022
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 8234 York Ridge Rd, Guilford, IN, 47022 in Guilford. Rental yield 3.86%. At $799,999 with 3.86% gross yield, current distributions are modest, but the 5% appreciation rate projects $221,025 in new equity by year five, complemented by $6,706/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.68) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $144,435.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 6.0% |
| Monthly Cash Flow | $(2,226) | $250 |
City averages based on Guilford 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 | $2,576 |
| Total Monthly Debt Service | $4,679 |
| DSCR Ratio | 0.55x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1888
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47022, Guilford, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,351 (100%) |
| Owner Occupied HU | 1,177 (87.1%) |
| Renter Occupied HU | 132 ( 9.8%) |
| Vacant Housing Units | 42 ( 3.1%) |
| Median Home Value | $307,993 |
| Average Home Value | $381,071 |
Housing Distribution
Address Breakdown
Residential
1,227
Single Family
1,227
Multi-Family
0
Businesses
38
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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
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