9 E College AveBrownsburgIN46112
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 9 E College Ave, Brownsburg, IN, 46112 in Brownsburg speaks for itself: 10.35% gross on a $262,000 price, generating $2,261/mo in rent and $688/mo in net income after the $1,178/mo debt service. DSCR 1.92, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,257 stacks alongside $72,386 in projected five-year appreciation and $2,413/yr in principal reduction. Projected total cumulative return: $143,454.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.0% |
| Monthly Cash Flow | $688 | $300 |
City averages based on Brownsburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,261 |
| Total Monthly Debt Service | $1,469 |
| DSCR Ratio | 1.54x |
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 1920
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46112, Brownsburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,870 (100%) |
| Owner Occupied HU | 13,977 (78.2%) |
| Renter Occupied HU | 3,408 (19.1%) |
| Vacant Housing Units | 485 ( 2.7%) |
| Median Home Value | $321,702 |
| Average Home Value | $356,401 |
Housing Distribution
Address Breakdown
Residential
16,923
Single Family
16,235
Multi-Family
688
Businesses
1,083
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 1920
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46112, Brownsburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,870 (100%) |
| Owner Occupied HU | 13,977 (78.2%) |
| Renter Occupied HU | 3,408 (19.1%) |
| Vacant Housing Units | 485 ( 2.7%) |
| Median Home Value | $321,702 |
| Average Home Value | $356,401 |
Housing Distribution
Address Breakdown
Residential
16,923
Single Family
16,235
Multi-Family
688
Businesses
1,083
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Turner • Carpenter, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22081185