1472 Middle St, Wabash, IN, 46992 | 7.07% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1472 Middle St, Wabash, IN, 46992 | 7.07% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1080 sft

512 Oak St, Peru, IN, 46970

3 Bed
1 Bath
2392 sft

2202 N Bell St, Kokomo, IN, 46901

3 Bed
2 Bath
1144 sft

29 Delores Ave, Peru, IN, 46970

3 Bed
1 Bath
1275 sft

516 Jackson Ave, Peru, IN, 46970

Nearby investment properties with comparable prices

$ 235,000

ROI

Cash Flow/m

3 Bed
2 Bath
1512 sft

12324 S Payton Rd, Galveston, IN, 46932

4 Bed
3 Bath
3374 sft

4701 Pavalion Dr, Kokomo, IN, 46901

3 Bed
2 Bath
1597 sft

1414 N Phillips St, Kokomo, IN, 46901

4 Bed
2 Bath
1757 sft

1108 Birchwood Dr, Kokomo, IN, 46901

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Wabash at 1472 Middle St, Wabash, IN, 46992 earns from $1,384/mo rent with a $1,150/mo payment. Total monthly income totals $1,384/mo. ROI tracks 19.5% on current figures, and rental yield reads 7.07% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 100.42% and total cumulative return in cash sums $78,232. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,384/mo property income instead of your personal income.

Single Family

Built in 1920

9,975 sqft lot

$N/A/sqft

No HOA

More details about the property

Meticulously maintained and move-in ready! This updated 3-bedroom, 2-bath 1.5-story home offers generous living spaces and thoughtful improvements throughout. Enjoy a spacious kitchen with abundant cabinetry, tile backsplash, and newer appliances, plus a large family room addition featuring a cozy gas-log fireplace. The main level also includes a formal dining room, living room, inviting foyer with an open staircase, convenient main level laundry room, and a main-floor bedroom complete with a private bath and walk-in closet. Two additional bedrooms are located on the upper level. Major updates include a new metal roof, gutters, and downspouts (2021), replacement windows and siding, updated wiring with a 100-amp panel, 90+ gas furnace and central air, newer electric water heater, and owned water softener. Outside youll find a 26 x 30 detached garage connected to the home by a covered breezeway, a large covered front porch with newer railings, private rear patio, 8 x 12 storage shed, and a new TV tower with antennas. Security cameras will remain. A must-see property offering comfort, space, and quality inside and out!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46992, Wabash, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,509 (100%)
Owner Occupied HU	5,049 (67.2%)
Renter Occupied HU	1,690 (22.5%)
Vacant Housing Units	770 (10.3%)
Median Home Value	$182,535
Average Home Value	$212,867