8247 E Epworth Forest RdNorth WebsterIN46555
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 8247 E Epworth Forest Rd, North Webster, IN, 46555 in North Webster speaks for itself: 14.7% gross on a $159,900 price, generating $1,958/mo in rent and $999/mo in net income after the $719/mo debt service. DSCR 2.72, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,982 stacks alongside $44,177 in projected five-year appreciation and $1,473/yr in principal reduction. Projected total cumulative return: $124,747.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.7% | 10.0% |
| Monthly Cash Flow | $999 | $400 |
City averages based on North Webster market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,958 |
| Total Monthly Debt Service | $896 |
| DSCR Ratio | 2.18x |
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 1952
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46555, North Webster, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 994 (52.8%) |
| Renter Occupied HU | 233 (12.4%) |
| Vacant Housing Units | 654 (34.8%) |
| Median Home Value | $276,596 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
1,155
Single Family
1,155
Multi-Family
0
Businesses
186
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 1952
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46555, North Webster, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 994 (52.8%) |
| Renter Occupied HU | 233 (12.4%) |
| Vacant Housing Units | 654 (34.8%) |
| Median Home Value | $276,596 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
1,155
Single Family
1,155
Multi-Family
0
Businesses
186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melinda Scaggs • Legacy Group Real Estate LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522660
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.