201 Railroad St, Wakarusa, IN, 46573 | $700/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1379 sft

463 N Benton St, Millersburg, IN, 46543

3 Bed
2 Bath
1624 sft

56545 Sun Ray Dr, Elkhart, IN, 46516

4 Bed
1 Bath
1296 sft

606 S Manor Dr, Syracuse, IN, 46567

4 Bed
3 Bath
2356 sft

10863 N Syracuse Webster Rd, Syracuse, IN, 46567

Nearby investment properties with comparable prices

3 Bed
2 Bath
1520 sft

3412 Troy Ct, South Bend, IN, 46614

Investment Property+ 1 more

5 Bed
3 Bath
3268 sft

415 Lincoln Way W, South Bend, IN, 46601

3 Bed
2 Bath
1734 sft

430 N Wenger Ave, Mishawaka, IN, 46544

2 Bed
2 Bath
1410 sft

1916 Ribourde Dr, South Bend, IN, 46628

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Wakarusa at 201 Railroad St, Wakarusa, IN, 46573 at $269,300 posts ROI 29.31% with $700/mo cash flow from $2,316/mo rent. Total monthly income equals $2,316/mo, and annual cash flow records $8,394/yr on $89,273 to close. Return on cash invested measures 29.31% and rental yield reads 10.32% at the current $269,300. Equity gained on principal adds $1,738/yr, and 5% annual appreciation supports $74,403 by year five. Five-year ROI prints 153.05% and total cumulative return in cash totals $136,629.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,316/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1974

0.33 Acres lot

$N/A/sqft

No HOA