10817 N State Road 49WheatfieldIN46392
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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 Wheatfield at 10817 N State Road 49, Wheatfield, IN, 46392 generates $1,184/mo in rent and, after a $734/mo payment, leaves $284/mo in cash flow. Total monthly income is $1,184/mo, and annual cash flow is $3,406/yr on $49,692 invested. Return on cash invested sits at 26.76% in year one, and rental yield is 9.48% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 139.36% and total cumulative return in cash sums $69,251. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,184/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
1.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46392, Wheatfield, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,357 (100%) |
| Owner Occupied HU | 2,717 (80.9%) |
| Renter Occupied HU | 515 (15.3%) |
| Vacant Housing Units | 125 ( 3.7%) |
| Median Home Value | $247,317 |
| Average Home Value | $281,088 |
Housing Distribution
Address Breakdown
Residential
3,109
Single Family
3,109
Multi-Family
0
Businesses
85
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Listed by: Jay Mayden • Kraft Real Estate Services, LL
Mls Name: NIRA
Mls Provider:
Mls ID: #821330
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.