30413 County Road 38, Wakarusa, IN, 46573 | 6.49% Rental Yield

Off market

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
3552 sft

12149 McKinley Hwy, Mishawaka, IN, 46545

4 Bed
3 Bath
1830 sft

3204 Falling Oak Dr, Mishawaka, IN, 46544

4 Bed
5 Bath
2798 sft

58147 Savanna Trce, Goshen, IN, 46528

4 Bed
3 Bath
1830 sft

51583 Presscott Ave, South Bend, IN, 46637

Nearby investment properties with comparable prices

7 Bed
9 Bath
4087 sft

525 Wayne St, Middlebury, IN, 46540

7 Bed
9 Bath
4087 sft

525 W Wayne St, Middlebury, IN, 46540

5 Bed
3 Bath
2250 sft

66150 M 62, Edwardsburg, MI, 49112

3 Bed
3 Bath
3556 sft

16067 Covington Pkwy, Granger, IN, 46530

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Wakarusa at 30413 County Road 38, Wakarusa, IN, 46573 offers a 6.49% rental yield on a $586,300 purchase with $3,169/mo rent. 88% in year one. Equity gained on principal adds $3,783/yr while 5% annual appreciation supports $161,984 over five years. Portfolio math shows five-year ROI at 91.7% and total cumulative return in cash at $176,874. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,169/mo property income against a $2,870/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1998

3.10 Acres lot

$N/A/sqft

No HOA