8257 S Country Rd #1075CharlottesvilleIN46117
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 8257 S Country Rd #1075, Charlottesville, IN, 46117 in Charlottesville at $695,000, 5.15% gross yield, is a market-growth asset. Rental yield 5.15%. The $2,981/mo rent partially funds the $3,125/mo debt service; the core return is the 5%/yr price growth projected to add $192,016 over five years. Ziffy Mortgage's DSCR mortgage (0.95) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $186,340.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 6.7% |
| Monthly Cash Flow | $(1,191) | $300 |
City averages based on Charlottesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,981 |
| Total Monthly Debt Service | $3,895 |
| DSCR Ratio | 0.77x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46117, Charlottesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 187 (85.8%) |
| Renter Occupied HU | 17 ( 7.8%) |
| Vacant Housing Units | 14 ( 6.4%) |
| Median Home Value | $278,846 |
| Average Home Value | $310,882 |
Housing Distribution
Address Breakdown
Residential
245
Single Family
245
Multi-Family
0
Businesses
9
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 2023
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46117, Charlottesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 187 (85.8%) |
| Renter Occupied HU | 17 ( 7.8%) |
| Vacant Housing Units | 14 ( 6.4%) |
| Median Home Value | $278,846 |
| Average Home Value | $310,882 |
Housing Distribution
Address Breakdown
Residential
245
Single Family
245
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vince Ferguson • Mark Dietel Realty, LLC
Mls Name: IRMLS
Mls ID: #202546908