22432 Peridot RunWoodburnIN46797
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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 22432 Peridot Run, Woodburn, IN, 46797 uses $114,334 cash to close to unlock $2,183/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $2,293/mo, and a $1,688/mo payment keeps the spread at $182/mo. Purchase price stands at $344,900, and rental yield measures 7.98% with $2,293/mo rent. Return on cash invested shows 21.82% in year one, and 5% annual appreciation builds toward $95,290 over five years. Five-year ROI reaches 112.97% and total cumulative return in cash records $129,165. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,293/mo property income covering a $1,688/mo payment rather than investor’s personal income.
Single Family
Built in 2023
8,712 sqft lot
$N/A/sqft
$490 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
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Listed by: Elizabeth A Urschel • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202530275
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.