22716 Main StWoodburnIN46797
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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 22716 Main St, Woodburn, IN, 46797 earns $309/mo cash flow from $1,599/mo rent with a $1,052/mo payment. Total monthly income totals $1,599/mo, and annual cash flow totals $3,706/yr on $71,239 capital. ROI tracks 25.11% on current figures, and rental yield reads 8.93% at a $214,900 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,373 over five years. Five-year ROI reaches 130.5% and total cumulative return in cash sums $92,970. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,599/mo property income instead of your personal income.
Single Family
Built in 1960
0.37 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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