22174 Travertine RunWoodburnIN46797
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 Woodburn at 22174 Travertine Run, Woodburn, IN, 46797 listed at $334,600 pairs $2,338/mo rent with a $1,638/mo payment to leave $285/mo cash flow. Total monthly income runs $2,338/mo, and annual cash flow reaches $3,425/yr on $110,920 cash to close. Return on cash invested measures 23% in year one, and rental yield registers 8.38% at a $334,600 basis. Equity gained on principal adds $2,159/yr, and annual property appreciation at 5% supports $92,444 by year five. Five-year ROI tracks 119.35% and total cumulative return in cash totals $132,387. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,338/mo property income relative to a $1,638/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
9,583 sqft lot
$N/A/sqft
$525 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth A Urschel • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202526117
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.