10750 E 550 N, Wilkinson, IN, 46186 | 2.64% Rental Yield

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10750 E 550 N, Wilkinson, IN, 46186 | 2.64% Rental Yield | 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 Wilkinson at 10750 E 550 N, Wilkinson, IN, 46186 offers a 2.64% rental yield on a $699,000 purchase with $1,536/mo rent. 18% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 28.96% and total cumulative return in cash at $66,602. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,536/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1900

10 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming 4-Bedroom Farmhouse on 10 Acres in Hancock County Discover the perfect blend of country charm and modern comfort in this beautifully maintained 4-bedroom, 2-bath farmhouse, ideally situated on 10 acres with mature trees and lush landscaping. Inside, you'll find hardwood floors throughout, a formal dining room, and a main-floor primary suite with a stunning, newly renovated bath featuring heated tile floors, a custom tile shower, and a relaxing soaking tub. The unfinished basement provides abundant storage space, while the spacious layout offers plenty of room to make this home your own. Outdoor living shines with a 2-car detached garage, a massive 2,952 sq. ft. pole barn with concrete floors, and an above-ground pool for summer enjoyment. Conveniently located in Hancock County, this property offers the peace and privacy of country living while still being close to town. Whether you're looking for space to spread out, hobby farm potential, or simply a serene place to call home, the possibilities here are endless.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46186, Wilkinson, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	711 (100%)
Owner Occupied HU	598 (84.1%)
Renter Occupied HU	80 (11.3%)
Vacant Housing Units	33 ( 4.6%)
Median Home Value	$276,316
Average Home Value	$312,349