9123 S County Road 500 WLewisIN47858
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 9123 S County Road 500 W, Lewis, IN, 47858 in Lewis speaks for itself: 10.66% gross on a $486,500 price, generating $4,322/mo in rent and $1,402/mo in net income after the $2,188/mo debt service. DSCR 1.98, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,824 stacks alongside $134,411 in projected five-year appreciation and $4,481/yr in principal reduction. Projected total cumulative return: $274,258.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.0% |
| Monthly Cash Flow | $1,402 | $1,200 |
City averages based on Lewis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,322 |
| Total Monthly Debt Service | $2,727 |
| DSCR Ratio | 1.58x |
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.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47858, Lewis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 249 (100%) |
| Owner Occupied HU | 199 (79.9%) |
| Renter Occupied HU | 26 (10.4%) |
| Vacant Housing Units | 24 ( 9.6%) |
| Median Home Value | $161,719 |
| Average Home Value | $174,183 |
Housing Distribution
Address Breakdown
Residential
274
Single Family
274
Multi-Family
0
Businesses
6
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47858, Lewis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 249 (100%) |
| Owner Occupied HU | 199 (79.9%) |
| Renter Occupied HU | 26 (10.4%) |
| Vacant Housing Units | 24 ( 9.6%) |
| Median Home Value | $161,719 |
| Average Home Value | $174,183 |
Housing Distribution
Address Breakdown
Residential
274
Single Family
274
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices