317 E Waterford St, Wakarusa, IN, 46573 | $209/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 Wakarusa at 317 E Waterford St, Wakarusa, IN, 46573 with 5% annual appreciation on a $259,000 basis while $1,764/mo rent supports operations. Total monthly income totals $1,764/mo and a $1,268/mo payment preserves $209/mo for cash returns. Annual cash flow comes to $2,507/yr on $85,859 deployed, and return on cash invested reaches 22.83% in year one. Equity gained on principal adds $1,671/yr, and five-year appreciation sums $71,557 alongside rental yield of 8.17%. Five-year ROI measures 118.26% and total cumulative return in cash totals $101,536.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,764/mo property income versus a $1,268/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1900

0.30 Acres lot

$N/A/sqft

No HOA