16 E WashingtonDenverIN46926
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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
Investment property for sale in Denver at 16 E Washington, Denver, IN, 46926 at $113,000 posts ROI 53.41% with $1,046/mo cash flow from $1,724/mo rent. Total monthly income equals $1,724/mo, and annual cash flow records $12,549/yr on $37,460 to close. Return on cash invested measures 53.41% and rental yield reads 18.31% at the current $113,000. Equity gained on principal adds $729/yr, and 5% annual appreciation supports $31,220 by year five. Five-year ROI prints 282.24% and total cumulative return in cash totals $105,725.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,724/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46926, Denver, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 715 (100%) |
| Owner Occupied HU | 591 (82.7%) |
| Renter Occupied HU | 69 ( 9.7%) |
| Vacant Housing Units | 55 ( 7.7%) |
| Median Home Value | $199,764 |
| Average Home Value | $247,191 |
Housing Distribution
Address Breakdown
Residential
518
Single Family
518
Multi-Family
0
Businesses
30
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Listed by: James Wood • Creative Realty - Peru
Mls Name: IRMLS
Mls Provider:
Mls ID: #202435498
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.