18901 N Wheeling AveGastonIN47342
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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 Gaston at 18901 N Wheeling Ave, Gaston, IN, 47342 earns $547/mo cash flow from $1,657/mo rent with a $905/mo payment. Total monthly income totals $1,657/mo, and annual cash flow totals $6,564/yr on $61,328 capital. ROI tracks 30.61% on current figures, and rental yield reads 10.75% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 159.96% and total cumulative return in cash sums $98,103. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,657/mo property income instead of your personal income.
Single Family
Built in 1970
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47342, Gaston, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,186 (100%) |
| Owner Occupied HU | 917 (77.3%) |
| Renter Occupied HU | 165 (13.9%) |
| Vacant Housing Units | 104 ( 8.8%) |
| Median Home Value | $167,609 |
| Average Home Value | $197,410 |
Housing Distribution
Address Breakdown
Residential
774
Single Family
774
Multi-Family
0
Businesses
41
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