22215 Travertine Run, Woodburn, IN, 46797 | 4.25% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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22215 Travertine Run, Woodburn, IN, 46797 | 4.25% 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

Investment property for sale in Woodburn at 22215 Travertine Run, Woodburn, IN, 46797 offers a 4.25% rental yield on a $389,900 purchase with $1,380/mo rent. 99% in year one. Equity gained on principal adds $2,516/yr while 5% annual appreciation supports $107,722 over five years. Portfolio math shows five-year ROI at 54.79% and total cumulative return in cash at $70,813. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,380/mo property income against a $1,908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2024

10,018 sqft lot

$N/A/sqft

No HOA

More details about the property

Stunning new 1.5 story home by Granite Ridge Builders just completed in Ashlar Pointe. This entry of this home leads to a stunning great room with soaring ceilings and large picture windows with transoms. A large kitchen with custom cabinetry and quartz countertops makes this a great space for gathering and entertaining. The kitchen also has an island with breakfast bar. Just off this space is a pocket office. The primary suite is located on the main level and has a large walk-in closet and bathroom with a 5' wide vanity. The second level has two additional bedrooms and a full bathroom. This home has a large garage with a hybrid polymer garage floor coating.

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