








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Warren at 128 E Parkway Dr, Warren, IN, 46792 offers $1,598/mo rent that, after a $636/mo payment, leaves $818/mo cash flow. Total monthly income is $1,598/mo, and annual cash flow is $9,815/yr on $43,095 cash. Return on cash invested measures 42.68% in year one, and rental yield stands at 14.75% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 224.75% and total cumulative return in cash reaches $96,855. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,598/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.42 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-10-31 | Sold | $130,000 |
| 2024-10-23 | Pending sale | $134,900 |
| 2024-09-26 | Price change | $134,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $740.28 | -17.35% | $127,600 | 10.86% |
| 2023-11-01 | $895.66 | 36.89% | $115,100 | -1.79% |
| 2022-11-01 | $654.30 | 48.66% | $117,200 | 17.08% |



Listed by: Miranda Bolinger • Hoosier Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202431319
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.