206 W Washington StWaynetownIN47990
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
Investment property for sale in Waynetown at 206 W Washington St, Waynetown, IN, 47990 with 5% annual appreciation on a $137,500 basis while $1,270/mo rent supports operations. Total monthly income totals $1,270/mo and a $673/mo payment preserves $445/mo for cash returns. Annual cash flow comes to $5,335/yr on $45,581 deployed, and return on cash invested reaches 31.61% in year one. Equity gained on principal adds $887/yr, and five-year appreciation sums $37,989 alongside rental yield of 11.08%. Five-year ROI measures 165.37% and total cumulative return in cash totals $75,377.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,270/mo property income versus a $673/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
7,840 sqft 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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