921 N Meridian StBrazilIN47834
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 921 N Meridian St, Brazil, IN, 47834 in Brazil speaks for itself: 10.65% gross on a $189,900 price, generating $1,686/mo in rent and $546/mo in net income after the $854/mo debt service. DSCR 1.97, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,553 stacks alongside $52,466 in projected five-year appreciation and $1,749/yr in principal reduction. Projected total cumulative return: $107,010.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.0% |
| Monthly Cash Flow | $546 | $1,200 |
City averages based on Brazil market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,686 |
| Total Monthly Debt Service | $1,064 |
| 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.
Single Family
Built in 1927
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47834, Brazil, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,746 (100%) |
| Owner Occupied HU | 5,776 (66.0%) |
| Renter Occupied HU | 2,223 (25.4%) |
| Vacant Housing Units | 747 ( 8.5%) |
| Median Home Value | $159,172 |
| Average Home Value | $202,262 |
Housing Distribution
Address Breakdown
Residential
8,154
Single Family
7,759
Multi-Family
395
Businesses
537
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
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47834, Brazil, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,746 (100%) |
| Owner Occupied HU | 5,776 (66.0%) |
| Renter Occupied HU | 2,223 (25.4%) |
| Vacant Housing Units | 747 ( 8.5%) |
| Median Home Value | $159,172 |
| Average Home Value | $202,262 |
Housing Distribution
Address Breakdown
Residential
8,154
Single Family
7,759
Multi-Family
395
Businesses
537
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices