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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Winamac at 2952 S Crestview Dr, Winamac, IN, 46996 listed at $249,900 pairs $1,330/mo rent with a $1,223/mo payment. Total monthly income runs $1,330/mo. Return on cash invested measures 17.45% in year one, and rental yield registers 6.39% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 89.47% and total cumulative return in cash totals $74,114. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,330/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46996, Winamac, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,108 (100%) |
| Owner Occupied HU | 2,103 (67.7%) |
| Renter Occupied HU | 608 (19.6%) |
| Vacant Housing Units | 397 (12.8%) |
| Median Home Value | $160,187 |
| Average Home Value | $206,297 |
Residential
2,950
Single Family
2,901
Multi-Family
49
Businesses
299
Date | Event | Price |
|---|---|---|
| 2025-09-02 | Listed for sale | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-03 | $82.24 | 13.34% | $7,100 | N/A |
| 2023-09-03 | $72.56 | -7.21% | $7,100 | 22.41% |
| 2022-09-03 | $78.20 | 8.73% | $5,800 | -3.33% |
Listed by: Lisa Malchow • RE/MAX SELECT REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202535110
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.
