3202 N 650 WWaynetownIN47990
Nearby investment properties with comparable rents
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 Waynetown at 3202 N 650 W, Waynetown, IN, 47990 earns $950/mo cash flow from $2,360/mo rent with a $1,150/mo payment. Total monthly income totals $2,360/mo, and annual cash flow totals $11,394/yr on $77,903 capital. ROI tracks 34.54% on current figures, and rental yield reads 12.05% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 181.06% and total cumulative return in cash sums $141,052. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,360/mo property income instead of your personal income.
Single Family
Built in 1900
5.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47990, Waynetown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 699 (100%) |
| Owner Occupied HU | 544 (77.8%) |
| Renter Occupied HU | 76 (10.9%) |
| Vacant Housing Units | 79 (11.3%) |
| Median Home Value | $148,288 |
| Average Home Value | $194,596 |
Housing Distribution
Address Breakdown
Residential
370
Single Family
370
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices