2263 W 250 SWarsawIN46580
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 Warsaw at 2263 W 250 S, Warsaw, IN, 46580 uses $59,637 cash to close to unlock $8,287/yr annual cash flow and $691/mo monthly cash flow. Total monthly income runs $1,771/mo, and a $881/mo payment keeps the spread at $691/mo. Purchase price stands at $179,900, and rental yield measures 11.81% with $1,771/mo rent. Return on cash invested shows 33.81% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 177.15% and total cumulative return in cash records $105,645. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,771/mo property income covering a $881/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46580, Warsaw, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,714 (100%) |
| Owner Occupied HU | 6,549 (67.4%) |
| Renter Occupied HU | 2,447 (25.2%) |
| Vacant Housing Units | 718 ( 7.4%) |
| Median Home Value | $243,970 |
| Average Home Value | $287,875 |
Housing Distribution
Address Breakdown
Residential
9,284
Single Family
8,743
Multi-Family
541
Businesses
844
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices