2314 Winona Ave, Winona Lake, IN, 46590 | 1.38% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Winona Lake at 2314 Winona Ave, Winona Lake, IN, 46590 offers a 1.38% rental yield on a $1,150,000 purchase with $1,320/mo rent. 39% in year one. Equity gained on principal adds $7,421/yr while 5% annual appreciation supports $317,724 over five years. Portfolio math shows five-year ROI at 8.54% and total cumulative return in cash at $31,821. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $5,629/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2017

N/A lot

$N/A/sqft

No HOA