157 W High StWheatfieldIN46392
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 157 W High St, Wheatfield, IN, 46392 in Wheatfield speaks for itself: 11.11% gross on a $184,900 price, generating $1,711/mo in rent and $601/mo in net income after the $877/mo debt service. DSCR 1.95, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,215 stacks alongside $51,084 in projected five-year appreciation and $1,550/yr in principal reduction. Projected total cumulative return: $105,184.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 7.0% |
| Monthly Cash Flow | $601 | $150 |
City averages based on Wheatfield market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,711 |
| Total Monthly Debt Service | $1,081 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1910
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46392, Wheatfield, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,357 (100%) |
| Owner Occupied HU | 2,717 (80.9%) |
| Renter Occupied HU | 515 (15.3%) |
| Vacant Housing Units | 125 ( 3.7%) |
| Median Home Value | $247,317 |
| Average Home Value | $281,088 |
Housing Distribution
Address Breakdown
Residential
3,109
Single Family
3,109
Multi-Family
0
Businesses
85
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Porter • Coldwell Banker 1st Choice
Mls Name: NIRA as distributed by MLS GRID
Mls Provider:
Mls ID: #847591
