1223 W 200 SWarsawIN46580
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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 Warsaw at 1223 W 200 S, Warsaw, IN, 46580 uses $79,527 cash to close to unlock $2,449/yr annual cash flow and $204/mo monthly cash flow. Total monthly income runs $1,644/mo, and a $1,174/mo payment keeps the spread at $204/mo. Purchase price stands at $239,900, and rental yield measures 8.22% with $1,644/mo rent. Return on cash invested shows 22.99% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 119.18% and total cumulative return in cash records $94,783. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,644/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46580, Warsaw, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,714 (100%) |
| Owner Occupied HU | 6,549 (67.4%) |
| Renter Occupied HU | 2,447 (25.2%) |
| Vacant Housing Units | 718 ( 7.4%) |
| Median Home Value | $243,970 |
| Average Home Value | $287,875 |
Housing Distribution
Address Breakdown
Residential
9,284
Single Family
8,743
Multi-Family
541
Businesses
844
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