107 S Main StWolcottvilleIN46795
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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
Investment property for sale in Wolcottville at 107 S Main St, Wolcottville, IN, 46795 earns $355/mo cash flow from $1,405/mo rent with a $856/mo payment. Total monthly income totals $1,405/mo, and annual cash flow totals $4,262/yr on $57,979 capital. ROI tracks 27.26% on current figures, and rental yield reads 9.64% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 142.08% and total cumulative return in cash sums $82,380. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,405/mo property income instead of your personal income.
Single Family
Built in 1880
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46795, Wolcottville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,704 (100%) |
| Owner Occupied HU | 2,221 (60.0%) |
| Renter Occupied HU | 321 ( 8.7%) |
| Vacant Housing Units | 1,162 (31.4%) |
| Median Home Value | $340,772 |
| Average Home Value | $426,127 |
Housing Distribution
Address Breakdown
Residential
2,546
Single Family
2,546
Multi-Family
0
Businesses
75
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Listed by: Daniel R Orlando • Mike Thomas Associates
Mls Name: IRMLS
Mls ID: #202525699