2980 S 225 EWinchesterIN47394
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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 Winchester at 2980 S 225 E, Winchester, IN, 47394 offers a 5.63% rental yield on a $309,000 purchase with $1,450/mo rent. 17% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,371 over five years. Portfolio math shows five-year ROI at 77.21% and total cumulative return in cash at $79,085. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,450/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
3.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47394, Winchester, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,747 (100%) |
| Owner Occupied HU | 2,424 (64.7%) |
| Renter Occupied HU | 944 (25.2%) |
| Vacant Housing Units | 379 (10.1%) |
| Median Home Value | $129,592 |
| Average Home Value | $200,535 |
Housing Distribution
Address Breakdown
Residential
3,430
Single Family
3,291
Multi-Family
139
Businesses
346
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Listed by: Jerrett Flesher • Flesher Brothers Auctioneering and Real Estate Inc
Mls Name: IRMLS
Mls ID: #202548793