110 N Whittenberger StAkronIN46910
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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 Akron at 110 N Whittenberger St, Akron, IN, 46910 priced at $185,000 converts $1,218/mo rent into $108/mo cash flow after a $905/mo obligation. Total monthly income equals $1,218/mo, and annual cash flow totals $1,296/yr on $61,328 invested. Return on cash invested prints 22.02% in year one, and rental yield reads 7.9% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 113.92% and total cumulative return in cash sums $69,867. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,218/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1880
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46910, Akron, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,402 (100%) |
| Owner Occupied HU | 1,020 (72.8%) |
| Renter Occupied HU | 223 (15.9%) |
| Vacant Housing Units | 159 (11.3%) |
| Median Home Value | $223,214 |
| Average Home Value | $218,537 |
Housing Distribution
Address Breakdown
Residential
1,038
Single Family
1,022
Multi-Family
16
Businesses
68
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Listed by: Gwen Hornstein • Rochester Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508140
Disclaimer: 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.