9970 N Brown LnGosportIN47433
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 9970 N Brown Ln, Gosport, IN, 47433 in Gosport is capital appreciation. Rental yield 3.12%. The 3.12% gross yield at $439,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $121,288 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.58) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $69,912.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.1% | 6.0% |
| Monthly Cash Flow | $(1,495) | $1,200 |
City averages based on Gosport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,140 |
| Total Monthly Debt Service | $2,461 |
| DSCR Ratio | 0.46x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2006
31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47433, Gosport, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,688 (100%) |
| Owner Occupied HU | 1,205 (71.4%) |
| Renter Occupied HU | 311 (18.4%) |
| Vacant Housing Units | 172 (10.2%) |
| Median Home Value | $213,865 |
| Average Home Value | $251,954 |
Housing Distribution
Address Breakdown
Residential
1,475
Single Family
1,475
Multi-Family
0
Businesses
49
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 2006
31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47433, Gosport, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,688 (100%) |
| Owner Occupied HU | 1,205 (71.4%) |
| Renter Occupied HU | 311 (18.4%) |
| Vacant Housing Units | 172 (10.2%) |
| Median Home Value | $213,865 |
| Average Home Value | $251,954 |
Housing Distribution
Address Breakdown
Residential
1,475
Single Family
1,475
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Stanley • RE/MAX Cornerstone
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439635
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.