9847 Central AveDillsboroIN47018
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 9847 Central Ave, Dillsboro, IN, 47018 in Dillsboro: $2,066/mo in rent, $446/mo in net income, 9.19% gross yield, 1.70 DSCR, all at $269,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $74,568 in appreciation and $2,486/yr in principal paydown projects total cumulative return of $130,796.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.0% |
| Monthly Cash Flow | $446 | $250 |
City averages based on Dillsboro market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,066 |
| Total Monthly Debt Service | $1,513 |
| DSCR Ratio | 1.37x |
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 1975
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47018, Dillsboro, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,970 (100%) |
| Owner Occupied HU | 1,426 (72.4%) |
| Renter Occupied HU | 360 (18.3%) |
| Vacant Housing Units | 184 ( 9.3%) |
| Median Home Value | $249,310 |
| Average Home Value | $281,550 |
Housing Distribution
Address Breakdown
Residential
1,696
Single Family
1,625
Multi-Family
71
Businesses
103
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 1975
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47018, Dillsboro, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,970 (100%) |
| Owner Occupied HU | 1,426 (72.4%) |
| Renter Occupied HU | 360 (18.3%) |
| Vacant Housing Units | 184 ( 9.3%) |
| Median Home Value | $249,310 |
| Average Home Value | $281,550 |
Housing Distribution
Address Breakdown
Residential
1,696
Single Family
1,625
Multi-Family
71
Businesses
103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices