2687 Pine Cone Ln #HHIX3XWarsawIN46582
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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
Investment property for sale in Warsaw at 2687 Pine Cone Ln #HHIX3X, Warsaw, IN, 46582 offers a 10.24% rental yield on a $304,900 purchase with $2,602/mo rent. Total monthly income registers $2,602/mo, and a $1,492/mo payment leaves $772/mo available for distribution. Annual cash flow reaches $9,265/yr on $101,074 to close, and return on cash invested stands at 29.08% in year one. Equity gained on principal adds $1,967/yr while 5% annual appreciation supports $84,238 over five years. Portfolio math shows five-year ROI at 151.79% and total cumulative return in cash at $153,422. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,602/mo property income against a $1,492/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A 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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