103 Stoner WayNew WashingtonIN47162
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 New Washington at 103 Stoner Way, New Washington, IN, 47162 with 5% annual appreciation on a $252,900 basis while $2,256/mo rent supports operations. Total monthly income totals $2,256/mo and a $1,238/mo payment preserves $738/mo for cash returns. Annual cash flow comes to $8,852/yr on $83,836 deployed, and return on cash invested reaches 30.47% in year one. Equity gained on principal adds $1,632/yr, and five-year appreciation sums $69,872 alongside rental yield of 10.7%. Five-year ROI measures 159.23% and total cumulative return in cash totals $133,496.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,256/mo property income versus a $1,238/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
9,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47162, New Washington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 308 (100%) |
| Owner Occupied HU | 238 (77.3%) |
| Renter Occupied HU | 57 (18.5%) |
| Vacant Housing Units | 13 ( 4.2%) |
| Median Home Value | $292,105 |
| Average Home Value | $274,916 |
Housing Distribution
Address Breakdown
Residential
368
Single Family
368
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Warford • RE/MAX Ability Plus
Mls Name: SIRA
Mls ID: #202605124