18433 Wade Hill RdPatriotIN47038
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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 Patriot at 18433 Wade Hill Rd, Patriot, IN, 47038 earns from $1,811/mo rent with a $1,933/mo payment. Total monthly income totals $1,811/mo. ROI tracks 14.78% on current figures, and rental yield reads 5.5% at a $394,900 purchase. Equity gained on principal adds $2,548/yr, and 5% annual appreciation supports $109,104 over five years. Five-year ROI reaches 75.1% and total cumulative return in cash sums $98,315. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,811/mo property income instead of your personal income.
Single Family
Built in 2002
27.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47038, Patriot, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 507 (100%) |
| Owner Occupied HU | 371 (73.2%) |
| Renter Occupied HU | 93 (18.3%) |
| Vacant Housing Units | 43 ( 8.5%) |
| Median Home Value | $181,591 |
| Average Home Value | $170,863 |
Housing Distribution
Address Breakdown
Residential
483
Single Family
483
Multi-Family
0
Businesses
7
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