125 N Comstock St, Wabash, IN, 46992 | $224/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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125 N Comstock St, Wabash, IN, 46992 | $224/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 Wabash at 125 N Comstock St, Wabash, IN, 46992 listed at $140,000 pairs $1,064/mo rent with a $685/mo payment to leave $224/mo cash flow. Total monthly income runs $1,064/mo, and annual cash flow reaches $2,686/yr on $46,410 cash to close. Return on cash invested measures 25.7% in year one, and rental yield registers 9.12% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 133.65% and total cumulative return in cash totals $62,026. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,064/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1916

4,356 sqft lot

$N/A/sqft

No HOA

More details about the property

Great value in the heart of Wabash! Three big bedrooms with big closets and two bathrooms! So many awesome features at this price range! Start with the curb appeal on the exterior. Fully fenced in yard with a covered porch and a newer metal roof! Large outbuilding that is perfect for mower storage and more! Head inside to a very homey aesthetic throughout. Smooth flowing floor plan with a main level bedroom with walk-in closet, bathroom with standup shower, laundry room, and updated kitchen! Head to the upper level where you'll find two additional bedrooms, one being a spacious 19x11 with a big closet! You'll also find an additional bathroom for the two to share. This homestead offers incredibly functional space for this price point! Accepting FHA, USDA, VA, and Conventional financing! Hurry and be in before Christmas!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46992, Wabash, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,509 (100%)
Owner Occupied HU	5,049 (67.2%)
Renter Occupied HU	1,690 (22.5%)
Vacant Housing Units	770 (10.3%)
Median Home Value	$182,535
Average Home Value	$212,867