








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


Investment property for sale in Wabash at 16 Creekside Ln, Wabash, IN, 46992 listed at $649,000 pairs $1,302/mo rent with a $3,177/mo payment. Total monthly income runs $1,302/mo. Return on cash invested measures 5.3% in year one, and rental yield registers 2.41% at a $649,000 basis. Equity gained on principal adds $4,188/yr, and annual property appreciation at 5% supports $179,307 by year five. Five-year ROI tracks 24.32% and total cumulative return in cash totals $51,936. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,302/mo property income relative to a $3,177/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
9,713 sqft lot
$N/A/sqft
$375 annually HOA
Neighborhood data shown for ZIP Code: 46992, Wabash, IN area.
| 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 |
Residential
7,142
Single Family
6,935
Multi-Family
207
Businesses
694
Date | Event | Price |
|---|---|---|
| 2025-03-22 | Listed for sale | $649,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-25 | $18.00 | 100.00% | $600 | N/A |
| 2023-03-25 | $9.00 | N/A | $600 | 100.00% |
| 2022-03-25 | N/A | N/A | $300 | N/A |



Listed by: Robert Lundquist • Lundquist Appraisals & Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509472
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.