123 W 3rd StWilliamsportIN47993
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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 Williamsport at 123 W 3rd St, Williamsport, IN, 47993 with 5% annual appreciation on a $150,000 basis while $1,562/mo rent supports operations. Total monthly income totals $1,562/mo and a $734/mo payment preserves $662/mo for cash returns. Annual cash flow comes to $7,941/yr on $49,725 deployed, and return on cash invested reaches 35.88% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 12.5%. Five-year ROI measures 188.25% and total cumulative return in cash totals $93,606.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,562/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47993, Williamsport, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,677 (100%) |
| Owner Occupied HU | 1,194 (71.2%) |
| Renter Occupied HU | 337 (20.1%) |
| Vacant Housing Units | 146 ( 8.7%) |
| Median Home Value | $154,861 |
| Average Home Value | $193,492 |
Housing Distribution
Address Breakdown
Residential
1,591
Single Family
1,591
Multi-Family
0
Businesses
120
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Listed by: Brian Craft • Warren Agency
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517705
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.