1737 Centre St, Woodburn, IN, 46797 | $552/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Woodburn at 1737 Centre St, Woodburn, IN, 46797 listed at $165,000 pairs $1,543/mo rent with a $808/mo payment to leave $552/mo cash flow. Total monthly income runs $1,543/mo, and annual cash flow reaches $6,625/yr on $54,698 cash to close. Return on cash invested measures 32.02% in year one, and rental yield registers 11.22% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 167.66% and total cumulative return in cash totals $91,703. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,543/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1949

1 Acres lot

$N/A/sqft

No HOA

More details about the property

The home is actually in Edgerton Indiana, this is unincorporated and uses a Woodburn a zip code. The house sits on 1 acre. All appliances are included and everything is in working order. It has central air and natural gas furnace. There is a lot of garage space. It also has new carpet.the roof is 5 years old. The concrete driveway is in great shape with no cracks. This lot goes from west to east road to road. Feel free to text or call me, I'm listing this for my family.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46797, Woodburn, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,519 (100%)
Owner Occupied HU	1,218 (80.2%)
Renter Occupied HU	222 (14.6%)
Vacant Housing Units	79 ( 5.2%)
Median Home Value	$276,336
Average Home Value	$325,562