3334 E Grain Bin RdWingateIN47994
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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
Investment Highlights
Total monthly income runs $690/mo, and a $954/mo payment. Purchase price stands at $194,900, and rental yield measures 4.25% with $690/mo rent. Return on cash invested shows 10.99% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 54.78% and total cumulative return in cash records $35,391. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $690/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1942
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47994, Wingate, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 255 (100%) |
| Owner Occupied HU | 210 (82.4%) |
| Renter Occupied HU | 28 (11.0%) |
| Vacant Housing Units | 17 ( 6.7%) |
| Median Home Value | $190,625 |
| Average Home Value | $214,452 |
Housing Distribution
Address Breakdown
Residential
167
Single Family
167
Multi-Family
0
Businesses
16
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