22804 BoyerNew WashingtonIN47162
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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 New Washington at 22804 Boyer, New Washington, IN, 47162 earns $155/mo cash flow from $2,658/mo rent with a $2,041/mo payment. Total monthly income totals $2,658/mo, and annual cash flow totals $1,858/yr on $138,236 capital. ROI tracks 21.25% on current figures, and rental yield reads 7.65% at a $417,000 purchase. Equity gained on principal adds $2,691/yr, and 5% annual appreciation supports $115,209 over five years. Five-year ROI reaches 109.8% and total cumulative return in cash sums $151,777. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,658/mo property income instead of your personal income.
Single Family
Built in 1975
3.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47162, New Washington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 308 (100%) |
| Owner Occupied HU | 238 (77.3%) |
| Renter Occupied HU | 57 (18.5%) |
| Vacant Housing Units | 13 ( 4.2%) |
| Median Home Value | $292,105 |
| Average Home Value | $274,916 |
Housing Distribution
Address Breakdown
Residential
368
Single Family
368
Multi-Family
0
Businesses
42
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Listed by: Tera Barnes • Homepage Realty
Mls Name: SIRA
Mls Provider:
Mls ID: #2025010167
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.