103 Stoner Way, New Washington, IN, 47162 | $728/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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103 Stoner Way, New Washington, IN, 47162 | $728/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

Investment property for sale in New Washington at 103 Stoner Way, New Washington, IN, 47162 with 5% annual appreciation on a $262,900 basis while $2,306/mo rent supports operations. Total monthly income totals $2,306/mo and a $1,287/mo payment preserves $728/mo for cash returns. Annual cash flow comes to $8,731/yr on $87,151 deployed, and return on cash invested reaches 29.93% in year one. Equity gained on principal adds $1,696/yr, and five-year appreciation sums $72,634 alongside rental yield of 10.53%. Five-year ROI measures 156.34% and total cumulative return in cash totals $136,252.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,306/mo property income versus a $1,287/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

More details about the property

This home features an open floor plan with three bedrooms, and two bathrooms, all on a single-level slab. The upgraded fireplace is a striking focal point. The kitchen includes ample cabinetry, generous countertop space, and stainless steel appliances. Luxury vinyl plank flooring extends throughout the home. The main bedroom and bath are both spacious. Master bath shower head and the Ring system are not included with the home. The seller will provide a new shower head as a replacement. You will want to call this one HOME! All square footage and room measurements are approximate. Buyers are encouraged to verify taxes, exemptions, and school system information.

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