956 W 1085 NFountaintownIN46130
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 956 W 1085 N, Fountaintown, IN, 46130 in Fountaintown. At $200,000 it earns $1,613/mo in rent and distributes $412/mo to the owner after the $899/mo payment, a consistent 9.68% yield. DSCR 1.79 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $55,256 in value; $1,842/yr in principal paydown compounds ownership stake. Total projected return: $102,263.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.0% |
| Monthly Cash Flow | $412 | $300 |
City averages based on Fountaintown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,613 |
| Total Monthly Debt Service | $1,121 |
| DSCR Ratio | 1.44x |
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 1985
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46130, Fountaintown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 982 (100%) |
| Owner Occupied HU | 822 (83.7%) |
| Renter Occupied HU | 132 (13.4%) |
| Vacant Housing Units | 28 ( 2.9%) |
| Median Home Value | $282,246 |
| Average Home Value | $313,887 |
Housing Distribution
Address Breakdown
Residential
952
Single Family
952
Multi-Family
0
Businesses
25
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 1985
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46130, Fountaintown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 982 (100%) |
| Owner Occupied HU | 822 (83.7%) |
| Renter Occupied HU | 132 (13.4%) |
| Vacant Housing Units | 28 ( 2.9%) |
| Median Home Value | $282,246 |
| Average Home Value | $313,887 |
Housing Distribution
Address Breakdown
Residential
952
Single Family
952
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Heaney • Mark Dietel Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22082488