206 E Johnson St, Wolcott, IN, 47995 | $132/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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206 E Johnson St, Wolcott, IN, 47995 | $132/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wolcott at 206 E Johnson St, Wolcott, IN, 47995 offers a 8.01% rental yield on a $196,900 purchase with $1,314/mo rent. Total monthly income registers $1,314/mo, and a $964/mo payment leaves $132/mo available for distribution. Annual cash flow reaches $1,581/yr on $65,272 to close, and return on cash invested stands at 22.33% in year one. Equity gained on principal adds $1,271/yr while 5% annual appreciation supports $54,400 over five years. Portfolio math shows five-year ROI at 115.61% and total cumulative return in cash at $75,463. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,314/mo property income against a $964/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1960

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

This 1,844 sq. ft. ranch home offers the perfect blend of space, comfort, and location! Tucked away on a quiet cul-de-sac with a peaceful pond view, this home features a fully applianced kitchen with plenty of cabinet space, 1.5 baths, and an attached garage. Theres room to spread out with multiple living areas, and youll love being just a short walk to restaurants, the bank, and the city park. Come take a lookyoull feel right at home!