3114 Rocky Way, Winona Lake, IN, 46590 | $179/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Winona Lake at 3114 Rocky Way, Winona Lake, IN, 46590 uses $162,402 cash to close to unlock $2,148/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $3,120/mo, and a $2,398/mo payment keeps the spread at $179/mo. Purchase price stands at $489,900, and rental yield measures 7.64% with $3,120/mo rent. Return on cash invested shows 21.23% in year one, and 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 109.71% and total cumulative return in cash records $178,169. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,120/mo property income covering a $2,398/mo payment rather than investor’s personal income.

Single Family

Built in 2024

9,147 sqft lot

$N/A/sqft

No HOA