1430 Brookview AveWarsawIN46580
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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
Rental property for sale in Warsaw at 1430 Brookview Ave, Warsaw, IN, 46580 priced at $240,000 converts $1,364/mo rent into after a $1,175/mo obligation. Total monthly income equals $1,364/mo. Return on cash invested prints 18.75% in year one, and rental yield reads 6.82% against a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,308 by year five. Five-year ROI reaches 96.35% and total cumulative return in cash sums $76,658. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,364/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Single Family
Built in 1971
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46580, Warsaw, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,714 (100%) |
| Owner Occupied HU | 6,549 (67.4%) |
| Renter Occupied HU | 2,447 (25.2%) |
| Vacant Housing Units | 718 ( 7.4%) |
| Median Home Value | $243,970 |
| Average Home Value | $287,875 |
Housing Distribution
Address Breakdown
Residential
9,284
Single Family
8,743
Multi-Family
541
Businesses
844
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Listed by: Heather A Sanders • eXp Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516966
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.