1416 E 600 N, Windfall, IN, 46076 | $1,065/mo Cash Flow

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1416 E 600 N, Windfall, IN, 46076 | $1,065/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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 Windfall at 1416 E 600 N, Windfall, IN, 46076 earns $1,065/mo cash flow from $3,160/mo rent with a $1,708/mo payment. Total monthly income totals $3,160/mo, and annual cash flow totals $12,782/yr on $115,694 capital. ROI tracks 30.96% on current figures, and rental yield reads 10.87% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 161.88% and total cumulative return in cash sums $187,284. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,160/mo property income instead of your personal income.

Single Family

Built in 2023

1.86 Acres lot

$N/A/sqft

No HOA

More details about the property

Gorgeous 2-bedroom custom home with loft and an oversized 3 car garage sitting on an almost 2-acre lot. Open concept house with modern floorplan. No expense spared. Durable Metal roof and metal board and batten siding. Gorgeous chef's kitchen features "huge" island w/granite counters, ample cabinetry and new s/s appliances. When you walk into the expansive great room which overlooks the beautiful, wooded property w/creek you will notice the huge glass sliding doors on the back of the home for tons of natural lighting. These sliding glass doors can all open up for entertaining in the back yard. The primary bedroom on the main floor features a walk-in closet, extra-large walk-in shower w/rain head and dual shower heads and his/hers sinks. The hallway bath also features a walk-in shower. The upstairs loft can easily be converted into a 3rd bedroom with the simple addition of a closet. This house is surrounded by farmland and could easily be a small hobby farm for the buyer that wants some property, or it would also work great for the buyer that wants a new home but doesn't want to be in a subdivision. Priced to sell quickly.