








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Bluffton at 1594 N William Wells Cir, Bluffton, IN, 46714 generates $696/mo in rent, after a $697/mo payment. Total monthly income is $696/mo. Return on cash invested sits at 10.79% in year one, and rental yield is 5.86% on a $142,500 entry. Equity gained on principal adds $920/yr, while 5% annual appreciation builds toward $39,370 over five years. Five-year ROI reaches 55.66% and total cumulative return in cash sums $26,295. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $696/mo property income rather than buyer’s personal income.
Condo
Built in 1983
0.64 Acres lot
$N/A/sqft
$200 monthly HOA
Neighborhood data shown for ZIP Code: 46714, Bluffton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,868 (100%) |
| Owner Occupied HU | 4,405 (64.1%) |
| Renter Occupied HU | 1,952 (28.4%) |
| Vacant Housing Units | 511 ( 7.4%) |
| Median Home Value | $192,431 |
| Average Home Value | $229,887 |
Residential
6,622
Single Family
6,327
Multi-Family
295
Businesses
576
Date | Event | Price |
|---|---|---|
| 2025-07-02 | Sold | $142,500 |
| 2025-05-28 | Pending sale | $142,500 |
| 2025-05-19 | Listed for sale | $142,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Michelle Sodervick • CUPP REAL ESTATE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518404
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.