1944 Warwick AveWhitingIN46394
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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 Whiting at 1944 Warwick Ave, Whiting, IN, 46394 earns $491/mo cash flow from $1,872/mo rent with a $1,126/mo payment. Total monthly income totals $1,872/mo, and annual cash flow totals $5,893/yr on $76,245 capital. ROI tracks 27.64% on current figures, and rental yield reads 9.77% at a $229,999 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,544 over five years. Five-year ROI reaches 144.11% and total cumulative return in cash sums $109,878. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,872/mo property income instead of your personal income.
Single Family
Built in 1921
6,385 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46394, Whiting, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,246 (100%) |
| Owner Occupied HU | 3,034 (57.8%) |
| Renter Occupied HU | 1,726 (32.9%) |
| Vacant Housing Units | 486 ( 9.3%) |
| Median Home Value | $198,776 |
| Average Home Value | $250,145 |
Housing Distribution
Address Breakdown
Residential
4,622
Single Family
4,241
Multi-Family
381
Businesses
279
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