829 S Park AveBatesvilleIN47006
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow829 S Park Ave, Batesville, IN, 47006 in Batesville earns its strong cash-flow label: 13.69% yield, $2,575/mo rent, $1,220/mo net income, DSCR 2.54. The $225,700 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $62,357 by year five. Combined with $2,079/yr in principal paydown, total projected return reaches $163,910.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.7% | 6.0% |
| Monthly Cash Flow | $1,220 | $1,200 |
City averages based on Batesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,575 |
| Total Monthly Debt Service | $1,265 |
| DSCR Ratio | 2.04x |
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 1927
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47006, Batesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,283 (100%) |
| Owner Occupied HU | 3,772 (71.4%) |
| Renter Occupied HU | 1,261 (23.9%) |
| Vacant Housing Units | 250 ( 4.7%) |
| Median Home Value | $269,014 |
| Average Home Value | $294,852 |
Housing Distribution
Address Breakdown
Residential
5,121
Single Family
4,800
Multi-Family
321
Businesses
445
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 1927
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47006, Batesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,283 (100%) |
| Owner Occupied HU | 3,772 (71.4%) |
| Renter Occupied HU | 1,261 (23.9%) |
| Vacant Housing Units | 250 ( 4.7%) |
| Median Home Value | $269,014 |
| Average Home Value | $294,852 |
Housing Distribution
Address Breakdown
Residential
5,121
Single Family
4,800
Multi-Family
321
Businesses
445
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A