107 N Homer LnWolcottIN47995
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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 Wolcott at 107 N Homer Ln, Wolcott, IN, 47995 offers $2,156/mo rent that, after a $1,150/mo payment, leaves $746/mo cash flow. Total monthly income is $2,156/mo, and annual cash flow is $8,946/yr on $77,903 cash. Return on cash invested measures 31.39% in year one, and rental yield stands at 11.01% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 164.2% and total cumulative return in cash reaches $127,912. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,156/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.29 Acres lot
$N/A/sqft
No HOA
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Listed by: Karina Hernandez • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438648
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