9774 S Bullington RdFredericksburgIN47120
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 9774 S Bullington Rd, Fredericksburg, IN, 47120 in Fredericksburg worth modelling. At $322,300 with a 8.19% gross yield, the $2,201/mo rent leaves $67/mo after the $1,449/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.52 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $89,046 by year five; $2,968/yr in principal reduction adds further equity. Total projected return: $127,171.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 10.0% |
| Monthly Cash Flow | $67 | $500 |
City averages based on Fredericksburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,201 |
| Total Monthly Debt Service | $2,005 |
| DSCR Ratio | 1.10x |
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 1902
86.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47120, Fredericksburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 415 (100%) |
| Owner Occupied HU | 351 (84.6%) |
| Renter Occupied HU | 39 ( 9.4%) |
| Vacant Housing Units | 25 ( 6.0%) |
| Median Home Value | $225,255 |
| Average Home Value | $240,249 |
Housing Distribution
Address Breakdown
Residential
406
Single Family
406
Multi-Family
0
Businesses
5
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 1902
86.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47120, Fredericksburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 415 (100%) |
| Owner Occupied HU | 351 (84.6%) |
| Renter Occupied HU | 39 ( 9.4%) |
| Vacant Housing Units | 25 ( 6.0%) |
| Median Home Value | $225,255 |
| Average Home Value | $240,249 |
Housing Distribution
Address Breakdown
Residential
406
Single Family
406
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A