212 N Hendricks St, Warren, IN, 46792 | 7.08% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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212 N Hendricks St, Warren, IN, 46792 | 7.08% Rental Yield | 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

Rental property for sale in Warren at 212 N Hendricks St, Warren, IN, 46792 priced at $214,900 pairs $1,268/mo rent with after a $1,052/mo payment. Total monthly income equals $1,268/mo. Return on cash invested is 19.54% in year one, and rental yield stands at 7.08% on a $214,900 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,373 by year five. Five-year ROI measures 100.59% and total cumulative return in cash reaches $71,658. For financing, Ziffy Mortgage’s DSCR program evaluates $1,268/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1900

0.40 Acres lot

$N/A/sqft

No HOA

More details about the property

Check it out! Beautifully renovated and well maintained home in the historic town of Warren! This 3 bedroom, 2 full bathroom home has been completely renovated in 2022. All new components in the home include plumbing, electrical, flooring, kitchen, bathrooms, roof, furnace, AC and water heater. Your new home has a huge open layout with tons of craftsman finishes. Kitchen has a nice sized island, dove-tailed, soft close drawers with tons of natural light. Yard is a large double lot with almost a half acre of land. Be transferred back in time with the charming downtown scene. Which includes famous landmarks like the Wagon Wheel Tavern, Son-Rise Bakery, El Guero Mexican Restaurant, Pulse Opera House and lots of boutiques and antiques. The outdoor fun continues with being a street away from Tower Park (which includes disc golf), Dogwood Glens Golf Course, Salamonie Lake & the much anticipated Salamonie Summer Festival. Located close to I-69 which makes it easy to travel to Fort Wayne or Indianapolis. Enjoy the easy life in a great small town in a home that has been completely renovated!