10 Thurman Dr, Whiteland, IN, 46184 | $301/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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10 Thurman Dr, Whiteland, IN, 46184 | $301/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Whiteland at 10 Thurman Dr, Whiteland, IN, 46184 priced at $190,000 converts $1,442/mo rent into $301/mo cash flow after a $930/mo obligation. Total monthly income equals $1,442/mo, and annual cash flow totals $3,617/yr on $62,985 invested. Return on cash invested prints 25.65% in year one, and rental yield reads 9.11% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 133.44% and total cumulative return in cash sums $84,048. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,442/mo property income covering a $930/mo payment, not borrower’s personal income.

Single Family

Built in 1948

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

Located at 10 Thurman DR, WHITELAND, IN, this single-family residence in Johnson County presents an inviting home ready for its new chapter. The kitchen offers a welcoming space, featuring shaker cabinets that provide both style and functionality for culinary endeavors. Imagine preparing meals surrounded by the clean lines and timeless appeal of this well-appointed area. The property includes two bedrooms and one full bathroom, along with a half bathroom, designed to provide comfortable living spaces. The patio extends the living area outdoors, offering a spot to enjoy the surrounding environment. With a generous 7675 square feet lot area, this property offers ample space to create your ideal outdoor sanctuary, while the 840 square feet living area provides a cozy interior. This 1948 build offers a unique opportunity to own a home with character and potential.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46184, Whiteland, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,190 (100%)
Owner Occupied HU	4,390 (84.6%)
Renter Occupied HU	740 (14.3%)
Vacant Housing Units	60 ( 1.2%)
Median Home Value	$261,290
Average Home Value	$282,753