








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Bluffton at 1010 W Wabash St, Bluffton, IN, 46714 listed at $185,000 pairs $1,960/mo rent with a $905/mo payment to leave $850/mo cash flow. Total monthly income runs $1,960/mo, and annual cash flow reaches $10,200/yr on $61,328 cash to close. Return on cash invested measures 36.54% in year one, and rental yield registers 12.71% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 191.78% and total cumulative return in cash totals $117,615. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,960/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46714, Bluffton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,868 (100%) |
| Owner Occupied HU | 4,405 (64.1%) |
| Renter Occupied HU | 1,952 (28.4%) |
| Vacant Housing Units | 511 ( 7.4%) |
| Median Home Value | $192,431 |
| Average Home Value | $229,887 |
Residential
6,622
Single Family
6,327
Multi-Family
295
Businesses
576
Date | Event | Price |
|---|---|---|
| 2024-12-13 | Sold | $185,000 |
| 2024-11-15 | Pending sale | $185,000 |
| 2024-11-09 | Price change | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $981.56 | 24.18% | $174,500 | 21.35% |
| 2023-11-01 | $790.44 | 17.18% | $143,800 | 9.52% |
| 2022-11-01 | $674.56 | 43.91% | $131,300 | 11.08% |



Listed by: James Felger • Mike Thomas Assoc., Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202433489
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.