22117 Maple CtWoodburnIN46797
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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
Rental property for sale in Woodburn at 22117 Maple Ct, Woodburn, IN, 46797 generates $1,761/mo in rent and, after a $1,199/mo payment, leaves $290/mo in cash flow. Total monthly income is $1,761/mo, and annual cash flow is $3,486/yr on $81,218 invested. Return on cash invested sits at 24.2% in year one, and rental yield is 8.63% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 125.63% and total cumulative return in cash sums $102,036. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,761/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.26 Acres 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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Listed by: Nicholas Krauter • Schrader RE and Auction/Fort Wayne
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514847
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.