11871 N Wayne StZanesvilleIN46799
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Nearby investment properties with comparable prices
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 Zanesville at 11871 N Wayne St, Zanesville, IN, 46799 offers a 8.59% rental yield on a $220,000 purchase with $1,574/mo rent. Total monthly income registers $1,574/mo, and a $1,077/mo payment leaves $253/mo available for distribution. Annual cash flow reaches $3,038/yr on $72,930 to close, and return on cash invested stands at 24.07% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 124.98% and total cumulative return in cash at $91,151. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,574/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46799, Zanesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 149 (100%) |
| Owner Occupied HU | 125 (83.9%) |
| Renter Occupied HU | 7 ( 4.7%) |
| Vacant Housing Units | 17 (11.4%) |
| Median Home Value | $308,333 |
| Average Home Value | $562,260 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
16
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Listed by: Julie Rupp • CUPP REAL ESTATE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520409
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.