2393 E Kemo AveWarsawIN46582
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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
Rental property for sale in Warsaw at 2393 E Kemo Ave, Warsaw, IN, 46582 priced at $339,900 converts $3,332/mo rent into $1,291/mo cash flow after a $1,664/mo obligation. Total monthly income equals $3,332/mo, and annual cash flow totals $15,495/yr on $112,677 invested. Return on cash invested prints 33.66% in year one, and rental yield reads 11.76% against a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,908 by year five. Five-year ROI reaches 176.37% and total cumulative return in cash sums $198,731. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,332/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1978
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46582, Warsaw, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,794 (100%) |
| Owner Occupied HU | 4,198 (61.8%) |
| Renter Occupied HU | 1,613 (23.7%) |
| Vacant Housing Units | 983 (14.5%) |
| Median Home Value | $285,026 |
| Average Home Value | $321,998 |
Housing Distribution
Address Breakdown
Residential
6,364
Single Family
5,923
Multi-Family
441
Businesses
279
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Listed by: Julie Hall • Patton Hall Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508000
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.