8617 N 381 WLake VillageIN46349
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 8617 N 381 W, Lake Village, IN, 46349 in Lake Village. Rental yield 0%. At $599,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $165,493 in new equity by year five, complemented by $5,021/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 5.0% |
| Monthly Cash Flow | $0 | $800 |
City averages based on Lake Village market data in our database. Property projections are estimates.
Single Family
Built in 2006
1.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46349, Lake Village, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,518 (100%) |
| Owner Occupied HU | 1,220 (80.4%) |
| Renter Occupied HU | 157 (10.3%) |
| Vacant Housing Units | 141 ( 9.3%) |
| Median Home Value | $205,941 |
| Average Home Value | $222,834 |
Housing Distribution
Address Breakdown
Residential
1,269
Single Family
1,269
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kathy Whaley • McColly Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12511253
