205 Cedar StWilliamsportIN47993
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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 Williamsport at 205 Cedar St, Williamsport, IN, 47993 generates $1,344/mo in rent and, after a $661/mo payment, leaves $533/mo in cash flow. Total monthly income is $1,344/mo, and annual cash flow is $6,400/yr on $44,753 invested. Return on cash invested sits at 34.21% in year one, and rental yield is 11.95% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 179.36% and total cumulative return in cash sums $80,269. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,344/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47993, Williamsport, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,677 (100%) |
| Owner Occupied HU | 1,194 (71.2%) |
| Renter Occupied HU | 337 (20.1%) |
| Vacant Housing Units | 146 ( 8.7%) |
| Median Home Value | $154,861 |
| Average Home Value | $193,492 |
Housing Distribution
Address Breakdown
Residential
1,591
Single Family
1,591
Multi-Family
0
Businesses
120
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Listed by: Chad Burton • Burton Farm And Home Realty, LLC.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511478
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.