11056 Wingara Way, Roanoke, IN, 46783 | $698/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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11056 Wingara Way, Roanoke, IN, 46783 | $698/mo Cash Flow | 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 Roanoke at 11056 Wingara Way, Roanoke, IN, 46783 earns $698/mo cash flow from $2,528/mo rent with a $1,492/mo payment. Total monthly income totals $2,528/mo, and annual cash flow totals $8,377/yr on $101,074 capital. ROI tracks 28.2% on current figures, and rental yield reads 9.95% at a $304,900 purchase. Equity gained on principal adds $1,967/yr, and 5% annual appreciation supports $84,238 over five years. Five-year ROI reaches 147.08% and total cumulative return in cash sums $148,658. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,528/mo property income instead of your personal income.

Single Family

Built in 2018

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

Open Sunday, July 20, 2 - 4pm. Tucked away on a quiet cul-de-sac lot in the cozy Calera Coves sub-division (off lower Huntington Road near the Azbury Park Addition approximately 10 minutes from Coventry Plaza) this one owner 4 BR 2 story has so much to offer the next owner. Being custom built by MBN Builders and being in the SWAC school district is a great start. The front elevation is the popular Craftsman style look with large front porch and is enhanced by attractive landscaping. The rear yard features a white privacy fence (cost/$10,000) to keep children and pets safe or just for privacy. The interior is highlighted on the first floor by an awesome open concept floor plan. This includes a fully equipped kitchen with all appliances remaining, upgraded cabinetry and a large center island with breakfast bar and stools. A huge plus is first floor den/flex room which can be a home office or play area for children. On the upper level, the owners suite is spacious and has a large walk-in closet and sharp private bath with double sinks and custom shower door. Amazingly, there are 3 more bedrooms up to accommodate a growing family and/or guests. Pride of ownership and low heating cost ($48/mo) only improves the package. For just over $300,000, this is a great home for the new owner.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46783, Roanoke, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,103 (100%)
Owner Occupied HU	2,612 (84.2%)
Renter Occupied HU	312 (10.1%)
Vacant Housing Units	179 ( 5.8%)
Median Home Value	$312,289
Average Home Value	$349,443