140 W Union StWaterlooIN46793
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Waterloo at 140 W Union St, Waterloo, IN, 46793 generates $1,361/mo in rent and, after a $881/mo payment, leaves $281/mo in cash flow. Total monthly income is $1,361/mo, and annual cash flow is $3,367/yr on $59,637 invested. Return on cash invested sits at 25.56% in year one, and rental yield is 9.08% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 132.92% and total cumulative return in cash sums $79,269. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,361/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46793, Waterloo, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,769 (100%) |
| Owner Occupied HU | 1,332 (75.3%) |
| Renter Occupied HU | 271 (15.3%) |
| Vacant Housing Units | 166 ( 9.4%) |
| Median Home Value | $248,427 |
| Average Home Value | $319,747 |
Housing Distribution
Address Breakdown
Residential
1,435
Single Family
1,411
Multi-Family
24
Businesses
92
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Streich • Hosler Realty Inc - Kendallville
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512575
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.