309 Winger WaySweetserIN46987
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Nearby investment properties with comparable prices
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 Sweetser at 309 Winger Way, Sweetser, IN, 46987 offers a 8.11% rental yield on a $299,900 purchase with $2,028/mo rent. Total monthly income registers $2,028/mo, and a $1,468/mo payment leaves $228/mo available for distribution. Annual cash flow reaches $2,731/yr on $99,417 to close, and return on cash invested stands at 22.66% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 117.33% and total cumulative return in cash at $116,644. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,028/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46987, Sweetser, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 446 (100%) |
| Owner Occupied HU | 341 (76.5%) |
| Renter Occupied HU | 81 (18.2%) |
| Vacant Housing Units | 24 ( 5.4%) |
| Median Home Value | $194,471 |
| Average Home Value | $210,814 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
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