1008 N Agnew StWinamacIN46996
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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
Investment Highlights
Investment property for sale in Winamac at 1008 N Agnew St, Winamac, IN, 46996 offers a 9.21% rental yield on a $149,900 purchase with $1,150/mo rent. Total monthly income registers $1,150/mo, and a $734/mo payment leaves $250/mo available for distribution. Annual cash flow reaches $2,998/yr on $49,692 to close, and return on cash invested stands at 25.94% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 134.96% and total cumulative return in cash at $67,067. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,150/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
7,927 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46996, Winamac, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,108 (100%) |
| Owner Occupied HU | 2,103 (67.7%) |
| Renter Occupied HU | 608 (19.6%) |
| Vacant Housing Units | 397 (12.8%) |
| Median Home Value | $160,187 |
| Average Home Value | $206,297 |
Housing Distribution
Address Breakdown
Residential
2,950
Single Family
2,901
Multi-Family
49
Businesses
299
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