202 E Main St, Silver Lake, IN, 46982 | $947/mo Cash Flow

Pending

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1156 sft

1020 N 700 E, Rochester, IN, 46975

1 Bed
1 Bath
600 sft

1506 E Jefferson St, Warsaw, IN, 46580

4 Bed
2 Bath
2020 sft

1010 Jefferson St, Rochester, IN, 46975

2 Bed
1 Bath
1074 sft

305 W Buffalo St, South Whitley, IN, 46787

Nearby investment properties with comparable prices

4 Bed
2 Bath
2020 sft

1010 Jefferson St, Rochester, IN, 46975

3 Bed
1 Bath
1026 sft

585 Stineman St, Wabash, IN, 46992

2 Bed
1 Bath
936 sft

375 E Harrison Ave, Wabash, IN, 46992

2 Bed
1 Bath
955 sft

2236 E Jefferson St, Warsaw, IN, 46580

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 Silver Lake at 202 E Main St, Silver Lake, IN, 46982 earns $947/mo cash flow from $1,967/mo rent with a $832/mo payment. Total monthly income totals $1,967/mo, and annual cash flow totals $11,360/yr on $56,322 capital. ROI tracks 40.08% on current figures, and rental yield reads 13.89% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 210.78% and total cumulative return in cash sums $118,718. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,967/mo property income instead of your personal income.

Single Family

Built in 1885

8,712 sqft lot

$N/A/sqft

No HOA