3097 E Prestwick Rd, Winona Lake, IN, 46590 | $1,451/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

7 Bed
5 Bath
4270 sft

106 13th St, Winona Lake, IN, 46590

Rental Income+ 1 more

4 Bed
3 Bath
5049 sft

106 E Van Buren St, Leesburg, IN, 46538

4 Bed
4 Bath
3398 sft

10914 N Eagle Pl, Syracuse, IN, 46567

5 Bed
3 Bath
5200 sft

818 W Business Highway 30, Columbia City, IN, 46725

Nearby investment properties with comparable prices

4 Bed
4 Bath
3152 sft

1873 E Ravenwood Ln, Columbia City, IN, 46725

2 Bed
2 Bath
1337 sft

5360 S Highpoint Dr, Albion, IN, 46701

4 Bed
3 Bath
4332 sft

2250 N 350 W, Warsaw, IN, 46580

4 Bed
4 Bath
2680 sft

69517 Woodridge Ct, New Paris, IN, 46553

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

Rental property for sale in Winona Lake at 3097 E Prestwick Rd, Winona Lake, IN, 46590 generates $5,203/mo in rent and, after a $3,059/mo payment, leaves $1,451/mo in cash flow. Total monthly income is $5,203/mo, and annual cash flow is $17,417/yr on $205,592 invested. Return on cash invested sits at 28.53% in year one, and rental yield is 9.99% on a $624,900 entry. Equity gained on principal adds $4,032/yr, while 5% annual appreciation builds toward $172,648 over five years. Five-year ROI reaches 148.82% and total cumulative return in cash sums $305,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,203/mo property income rather than buyer’s personal income.

Single Family

Built in 2003

0.39 Acres lot

$N/A/sqft

No HOA