26 Cobblestone Blvd, Gas City, IN, 46933 | $803/mo Cash Flow

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26 Cobblestone Blvd, Gas City, IN, 46933 | $803/mo Cash Flow | Ziffy

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

Rental property for sale in Gas City at 26 Cobblestone Blvd, Gas City, IN, 46933 priced at $225,000 converts $2,153/mo rent into $803/mo cash flow after a $1,101/mo obligation. Total monthly income equals $2,153/mo, and annual cash flow totals $9,631/yr on $74,588 invested. Return on cash invested prints 32.82% in year one, and rental yield reads 11.48% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 171.85% and total cumulative return in cash sums $128,181. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,153/mo property income covering a $1,101/mo payment, not borrower’s personal income.

Single Family

Built in 2001

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this beautifully maintained three-bedroom, two full-bath gem, perfectly positioned just north of State Road 22! Enjoy the convenience of nearby restaurants, shopping, and the brand-new entertainment center, all within a charming, sidewalk-lined neighborhood thats perfect for walking. The open-concept floor plan creates an inviting atmosphere, featuring a well-appointed kitchen. The kitchen flows seamlessly into the dining area, where sliding glass doors open to a private patioideal for entertaining or unwinding after a long day. Master bedroom is generously sized with easy access to a full bathroom featuring a space-saving pocket door. A spacious utility room with washer and electric dryer hook up leads directly into the finished two-car attached garage, providing both storage and convenience. With modern comforts, thoughtful design, and an unbeatable location, this home is ready to welcome you.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46933, Gas City, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,947 (100%)
Owner Occupied HU	1,943 (65.9%)
Renter Occupied HU	776 (26.3%)
Vacant Housing Units	228 ( 7.7%)
Median Home Value	$124,795
Average Home Value	$191,109