101-103 W Grant StWaldronIN46182
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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 Waldron at 101-103 W Grant St, Waldron, IN, 46182 offers a 13.63% rental yield on a $149,000 purchase with $1,692/mo rent. Total monthly income registers $1,692/mo, and a $729/mo payment leaves $798/mo available for distribution. Annual cash flow reaches $9,574/yr on $49,394 to close, and return on cash invested stands at 39.29% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 206.56% and total cumulative return in cash at $102,028. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,692/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46182, Waldron, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 811 (100%) |
| Owner Occupied HU | 612 (75.5%) |
| Renter Occupied HU | 127 (15.7%) |
| Vacant Housing Units | 72 ( 8.9%) |
| Median Home Value | $230,120 |
| Average Home Value | $266,430 |
Housing Distribution
Address Breakdown
Residential
545
Single Family
545
Multi-Family
0
Businesses
32
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