206 W County Line RdWolcottvilleIN46795
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wolcottville at 206 W County Line Rd, Wolcottville, IN, 46795 offers $1,288/mo rent that, after a $832/mo payment, leaves $268/mo cash flow. Total monthly income is $1,288/mo, and annual cash flow is $3,211/yr on $56,355 cash. Return on cash invested measures 25.61% in year one, and rental yield stands at 9.09% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 133.19% and total cumulative return in cash reaches $75,057. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,288/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46795, Wolcottville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,704 (100%) |
| Owner Occupied HU | 2,221 (60.0%) |
| Renter Occupied HU | 321 ( 8.7%) |
| Vacant Housing Units | 1,162 (31.4%) |
| Median Home Value | $340,772 |
| Average Home Value | $426,127 |
Housing Distribution
Address Breakdown
Residential
2,546
Single Family
2,546
Multi-Family
0
Businesses
75
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Nearby investment properties with comparable prices
Listed by: Caleb Schisler • Anthony REALTORS
Mls Name: IRMLS
Mls ID: #202525504