2314 E Tanner LnWinamacIN46996
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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 Winamac at 2314 E Tanner Ln, Winamac, IN, 46996 earns $400/mo cash flow from $1,548/mo rent with a $936/mo payment. Total monthly income totals $1,548/mo, and annual cash flow totals $4,800/yr on $63,416 capital. ROI tracks 27.48% on current figures, and rental yield reads 9.71% at a $191,300 purchase. Equity gained on principal adds $1,234/yr, and 5% annual appreciation supports $52,853 over five years. Five-year ROI reaches 143.15% and total cumulative return in cash sums $90,780. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,548/mo property income instead of your personal income.
Single Family
Built in 1976
9,343 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46996, Winamac, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,108 (100%) |
| Owner Occupied HU | 2,103 (67.7%) |
| Renter Occupied HU | 608 (19.6%) |
| Vacant Housing Units | 397 (12.8%) |
| Median Home Value | $160,187 |
| Average Home Value | $206,297 |
Housing Distribution
Address Breakdown
Residential
2,950
Single Family
2,901
Multi-Family
49
Businesses
299
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