329 E 100th Rd N, Wabash, IN, 46992 | $59/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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329 E 100th Rd N, Wabash, IN, 46992 | $59/mo Cash Flow | Ziffy

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

Rental property for sale in Wabash at 329 E 100th Rd N, Wabash, IN, 46992 generates $1,260/mo in rent and, after a $979/mo payment, leaves $59/mo in cash flow. Total monthly income is $1,260/mo, and annual cash flow is $712/yr on $66,300 invested. Return on cash invested sits at 20.98% in year one, and rental yield is 7.56% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 108.41% and total cumulative return in cash sums $71,876. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,260/mo property income rather than buyer’s personal income.

Single Family

Built in 1963

2 Acres lot

$N/A/sqft

No HOA

More details about the property

Get country living just minutes from town with this 3 bedroom, 2 bath ranch home. Sitting on 2 acres, there is room to roam, grow and play. This home still has its original charm, with many updates including a brand new air unit and walk in shower. Be extra cozy sitting next to the fireplace on cool nights and enjoy the back patio on warm evenings. A 2 car attached heated garage and a detached garage/workshop are perfect for hobbies and storage.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46992, Wabash, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,509 (100%)
Owner Occupied HU	5,049 (67.2%)
Renter Occupied HU	1,690 (22.5%)
Vacant Housing Units	770 (10.3%)
Median Home Value	$182,535
Average Home Value	$212,867