204 E Walnut StWaynetownIN47990
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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
Rental property for sale in Waynetown at 204 E Walnut St, Waynetown, IN, 47990 priced at $160,000 pairs $756/mo rent with after a $783/mo payment. Total monthly income equals $756/mo. Return on cash invested is 15.29% in year one, and rental yield stands at 5.67% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 77.83% and total cumulative return in cash reaches $41,282. For financing, Ziffy Mortgage’s DSCR program evaluates $756/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47990, Waynetown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 699 (100%) |
| Owner Occupied HU | 544 (77.8%) |
| Renter Occupied HU | 76 (10.9%) |
| Vacant Housing Units | 79 (11.3%) |
| Median Home Value | $148,288 |
| Average Home Value | $194,596 |
Housing Distribution
Address Breakdown
Residential
370
Single Family
370
Multi-Family
0
Businesses
34
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