11620 Salyer DrWheatfieldIN46392
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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 Wheatfield at 11620 Salyer Dr, Wheatfield, IN, 46392 listed at $322,000 pairs $2,490/mo rent with a $1,576/mo payment to leave $557/mo cash flow. Total monthly income runs $2,490/mo, and annual cash flow reaches $6,685/yr on $106,743 cash to close. Return on cash invested measures 26.17% in year one, and rental yield registers 9.28% at a $322,000 basis. Equity gained on principal adds $2,078/yr, and annual property appreciation at 5% supports $88,963 by year five. Five-year ROI tracks 136.21% and total cumulative return in cash totals $145,399. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,490/mo property income relative to a $1,576/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
0.64 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: Jessica Halliar • RE/MAX Executives
Mls Name: NIRA
Mls Provider:
Mls ID: #820247
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.