203 Stoner PlaceNew WashingtonIN47162
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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 New Washington at 203 Stoner Place, New Washington, IN, 47162 listed at $286,000 pairs $2,612/mo rent with a $1,400/mo payment to leave $895/mo cash flow. Total monthly income runs $2,612/mo, and annual cash flow reaches $10,740/yr on $94,809 cash to close. Return on cash invested measures 31.24% in year one, and rental yield registers 10.96% at a $286,000 basis. Equity gained on principal adds $1,846/yr, and annual property appreciation at 5% supports $79,017 by year five. Five-year ROI tracks 163.39% and total cumulative return in cash totals $154,904. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,612/mo property income relative to a $1,400/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47162, New Washington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 308 (100%) |
| Owner Occupied HU | 238 (77.3%) |
| Renter Occupied HU | 57 (18.5%) |
| Vacant Housing Units | 13 ( 4.2%) |
| Median Home Value | $292,105 |
| Average Home Value | $274,916 |
Housing Distribution
Address Breakdown
Residential
368
Single Family
368
Multi-Family
0
Businesses
42
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Listed by: William Andes • eXp Realty, LLC
Mls Name: SIRA
Mls ID: #202605078