22036 Ash StWoodburnIN46797
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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
Investment property for sale in Woodburn at 22036 Ash St, Woodburn, IN, 46797 uses $61,328 cash to close to unlock $3,396/yr annual cash flow and $283/mo monthly cash flow. Total monthly income runs $1,393/mo, and a $905/mo payment keeps the spread at $283/mo. Purchase price stands at $185,000, and rental yield measures 9.04% with $1,393/mo rent. Return on cash invested shows 25.45% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 132.26% and total cumulative return in cash records $81,111. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,393/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1978
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46797, Woodburn, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,519 (100%) |
| Owner Occupied HU | 1,218 (80.2%) |
| Renter Occupied HU | 222 (14.6%) |
| Vacant Housing Units | 79 ( 5.2%) |
| Median Home Value | $276,336 |
| Average Home Value | $325,562 |
Housing Distribution
Address Breakdown
Residential
1,327
Single Family
1,295
Multi-Family
32
Businesses
78
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