389 S State Road 61, Winslow, IN, 47598 | $385/mo Cash Flow

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389 S State Road 61, Winslow, IN, 47598 | $385/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

Investment property for sale in Winslow at 389 S State Road 61, Winslow, IN, 47598 offers a 9.63% rental yield on a $189,900 purchase with $1,524/mo rent. Total monthly income registers $1,524/mo, and a $929/mo payment leaves $385/mo available for distribution. Annual cash flow reaches $4,614/yr on $62,952 to close, and return on cash invested stands at 27.24% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 141.94% and total cumulative return in cash at $89,357. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,524/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2008

4 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautiful 3-bedroom, 2-bath home where comfort meets functionality. Located in the Cambelltown area withiin minutes to Pike Central Schools. The open-concept layout flows seamlessly into a stunning kitchen equipped with all appliances, abundant cabinetry, ample counter space, and a large island perfect for gathering. Just off the kitchen, enjoy the convenience of a dedicated laundry area and an oversized walk-in pantry. The expansive primary suite is a true retreat, featuring a lounging space, a luxurious soaking tub, dual vanity, separate shower, and a generous walk-in closet. Outside, the property offers 4 acres of peaceful countryside and includes two large storage buildingsideal for hobbies, equipment, or extra space. A rare blend of privacy, practicality, and style.