105 Southfield RdWinona LakeIN46590
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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
Rental property for sale in Winona Lake at 105 Southfield Rd, Winona Lake, IN, 46590 generates $2,641/mo in rent, after a $3,059/mo payment. Total monthly income is $2,641/mo. Return on cash invested sits at 12.33% in year one, and rental yield is 5.07% on a $624,900 entry. Equity gained on principal adds $4,032/yr, while 5% annual appreciation builds toward $172,648 over five years. Five-year ROI reaches 62.37% and total cumulative return in cash sums $128,237. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,641/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.85 Acres lot
$N/A/sqft
No HOA
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Listed by: Steve Savage • RE/MAX Results- Warsaw
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511019
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