15158 S 900 WWanatahIN46390
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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 Wanatah at 15158 S 900 W, Wanatah, IN, 46390 generates $2,179/mo in rent and, after a $1,317/mo payment, leaves $564/mo in cash flow. Total monthly income is $2,179/mo, and annual cash flow is $6,766/yr on $89,174 invested. Return on cash invested sits at 27.5% in year one, and rental yield is 9.72% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 143.27% and total cumulative return in cash sums $127,763. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,179/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46390, Wanatah, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,145 (100%) |
| Owner Occupied HU | 940 (82.1%) |
| Renter Occupied HU | 132 (11.5%) |
| Vacant Housing Units | 73 ( 6.4%) |
| Median Home Value | $285,448 |
| Average Home Value | $289,660 |
Housing Distribution
Address Breakdown
Residential
1,004
Single Family
1,004
Multi-Family
0
Businesses
96
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