105 Wabash AveWorthingtonIN47471
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 105 Wabash Ave, Worthington, IN, 47471 in Worthington speaks for itself: 10.79% gross on a $204,000 price, generating $1,834/mo in rent and $609/mo in net income after the $967/mo debt service. DSCR 1.90, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,308 stacks alongside $56,361 in projected five-year appreciation and $1,710/yr in principal reduction. Projected total cumulative return: $112,577.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 8.0% |
| Monthly Cash Flow | $609 | $300 |
City averages based on Worthington market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,834 |
| Total Monthly Debt Service | $1,193 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1993
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47471, Worthington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,188 (100%) |
| Owner Occupied HU | 826 (69.5%) |
| Renter Occupied HU | 226 (19.0%) |
| Vacant Housing Units | 136 (11.4%) |
| Median Home Value | $122,464 |
| Average Home Value | $181,262 |
Housing Distribution
Address Breakdown
Residential
1,187
Single Family
1,162
Multi-Family
25
Businesses
84
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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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A
