2642 N 100 E, Wabash, IN, 46992 | 5.09% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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2642 N 100 E, Wabash, IN, 46992 | 5.09% Rental Yield | 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

Investment property for sale in Wabash at 2642 N 100 E, Wabash, IN, 46992 offers a 5.09% rental yield on a $515,000 purchase with $2,186/mo rent. 65% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 69% and total cumulative return in cash at $116,905. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,186/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1992

2 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautiful Country Retreat! This property offers the perfect blend of comfort, style, and country charm. Ideally located, it features stunning porcelain tile floors, brand-new carpet, and an open-concept layout with a formal dining room. The kitchen includes granite countertops, a stone backsplash on the island, updated lighting, and a spacious pantry. The primary suite offers a walk-in shower, jetted tub, double-bowl vanity, and walk-in closet. Enjoy cozy evenings by the wood-burning fireplace with stone to the ceiling. Outside, relax in your private backyard oasis with an in-ground pool (12 ft deep with diving board), pergola, new landscaping, and a fenced pasture area. The property also includes a horse barn with electrical, water, and a wash bay, plus a 12x24 outbuilding. Additional features include geothermal heating, newer windows, an upgraded garage door, and a finished garage. All situated on 2 acres of beautifully maintained land a perfect balance of comfort and country living!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46992, Wabash, IN area.

Housing Distribution

Housing Statistics

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