1856 S Packerton RdWarsawIN46580
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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
Rental property for sale in Warsaw at 1856 S Packerton Rd, Warsaw, IN, 46580 generates $2,983/mo in rent and, after a $1,615/mo payment, leaves $1,002/mo in cash flow. Total monthly income is $2,983/mo, and annual cash flow is $12,028/yr on $109,362 invested. Return on cash invested sits at 30.91% in year one, and rental yield is 10.85% on a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 161.59% and total cumulative return in cash sums $176,715. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,983/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46580, Warsaw, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,714 (100%) |
| Owner Occupied HU | 6,549 (67.4%) |
| Renter Occupied HU | 2,447 (25.2%) |
| Vacant Housing Units | 718 ( 7.4%) |
| Median Home Value | $243,970 |
| Average Home Value | $287,875 |
Housing Distribution
Address Breakdown
Residential
9,284
Single Family
8,743
Multi-Family
541
Businesses
844
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Listed by: Norm Weirick • RE/MAX Results
Mls Name: IRMLS
Mls Provider:
Mls ID: #202544896
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.