130 N Washington StRoannIN46974
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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 Roann at 130 N Washington St, Roann, IN, 46974 listed at $150,000 pairs $1,091/mo rent with a $734/mo payment to leave $151/mo cash flow. Total monthly income runs $1,091/mo, and annual cash flow reaches $1,812/yr on $49,725 cash to close. Return on cash invested measures 23.55% in year one, and rental yield registers 8.73% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 122.49% and total cumulative return in cash totals $60,906. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,091/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46974, Roann, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 698 (100%) |
| Owner Occupied HU | 548 (78.5%) |
| Renter Occupied HU | 98 (14.0%) |
| Vacant Housing Units | 52 ( 7.4%) |
| Median Home Value | $239,041 |
| Average Home Value | $253,152 |
Housing Distribution
Address Breakdown
Residential
495
Single Family
495
Multi-Family
0
Businesses
36
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Listed by: Jake Williams • Miles Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522361
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.