16141 Wellington PkwyGrangerIN46530
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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 Granger at 16141 Wellington Pkwy, Granger, IN, 46530 listed at $633,400 pairs $4,277/mo rent with a $3,100/mo payment to leave $168/mo cash flow. Total monthly income runs $4,277/mo, and annual cash flow reaches $2,010/yr on $208,389 cash to close. Return on cash invested measures 21.02% in year one, and rental yield registers 8.1% at a $633,400 basis. Equity gained on principal adds $4,087/yr, and annual property appreciation at 5% supports $174,997 by year five. Five-year ROI tracks 109.2% and total cumulative return in cash totals $227,554. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,277/mo property income relative to a $3,100/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
0.58 Acres lot
$N/A/sqft
$185 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46530, Granger, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,467 (100%) |
| Owner Occupied HU | 10,079 (80.8%) |
| Renter Occupied HU | 1,813 (14.5%) |
| Vacant Housing Units | 575 ( 4.6%) |
| Median Home Value | $318,617 |
| Average Home Value | $362,554 |
Housing Distribution
Address Breakdown
Residential
12,208
Single Family
11,173
Multi-Family
1,035
Businesses
834
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