Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Wabash at 256 Walnut St, Wabash, IN, 46992 with 5% annual appreciation on a $169,900 basis while $1,359/mo rent supports operations. Total monthly income totals $1,359/mo and a $832/mo payment preserves $339/mo for cash returns. Annual cash flow comes to $4,064/yr on $56,322 deployed, and return on cash invested reaches 27.13% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 9.6%. Five-year ROI measures 141.33% and total cumulative return in cash totals $79,598.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,359/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46992, Wabash, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,509 (100%) |
| Owner Occupied HU | 5,049 (67.2%) |
| Renter Occupied HU | 1,690 (22.5%) |
| Vacant Housing Units | 770 (10.3%) |
| Median Home Value | $182,535 |
| Average Home Value | $212,867 |
Residential
7,142
Single Family
6,935
Multi-Family
207
Businesses
694
Date | Event | Price |
|---|---|---|
| 2025-03-31 | Listed for sale | $169,900 |
| 2022-08-01 | Sold | $125,000 |
| 2022-06-12 | Pending sale | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-02 | N/A | N/A | $107,800 | 15.54% |
| 2023-04-02 | N/A | N/A | $93,300 | 7.49% |
| 2022-04-02 | $649.72 | 23.71% | $86,800 | 8.09% |
Listed by: Lesley Vigar • True Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510607
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.
