1 Park Ave UNIT 404Winona LakeIN46590
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
Investment Highlights
Investment property for sale in Winona Lake at 1 Park Ave UNIT 404, Winona Lake, IN, 46590 at $129,000 posts ROI 4.77% with from $832/mo rent. Total monthly income equals $832/mo. Return on cash invested measures 4.77% and rental yield reads 7.74% at the current $129,000. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 by year five. Five-year ROI prints 27.53% and total cumulative return in cash totals $11,773. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $832/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1874
3,476 sqft lot
$N/A/sqft
$550 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kami Johnson • Foundations Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515594
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.