8501 S Walnut StDalevilleIN47334
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 8501 S Walnut St, Daleville, IN, 47334 in Daleville. Rental yield 4.23%. At $359,900 with 4.23% gross yield, current distributions are modest, but the 5% appreciation rate projects $99,434 in new equity by year five, complemented by $3,315/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.78) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $78,930.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 6.0% |
| Monthly Cash Flow | $(890) | $320 |
City averages based on Daleville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,270 |
| Total Monthly Debt Service | $2,017 |
| DSCR Ratio | 0.63x |
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.
Multi Family
Built in 1898
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47334, Daleville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,468 (100%) |
| Owner Occupied HU | 1,105 (75.3%) |
| Renter Occupied HU | 264 (18.0%) |
| Vacant Housing Units | 99 ( 6.7%) |
| Median Home Value | $227,110 |
| Average Home Value | $248,572 |
Housing Distribution
Address Breakdown
Residential
1,261
Single Family
1,199
Multi-Family
62
Businesses
107
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
Multi Family
Built in 1898
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47334, Daleville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,468 (100%) |
| Owner Occupied HU | 1,105 (75.3%) |
| Renter Occupied HU | 264 (18.0%) |
| Vacant Housing Units | 99 ( 6.7%) |
| Median Home Value | $227,110 |
| Average Home Value | $248,572 |
Housing Distribution
Address Breakdown
Residential
1,261
Single Family
1,199
Multi-Family
62
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices