3918 Bethlehem New Washington RdNew WashingtonIN47162
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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
Investment property for sale in New Washington at 3918 Bethlehem New Washington Rd, New Washington, IN, 47162 offers a 4.84% rental yield on a $489,900 purchase with $1,976/mo rent. 78% in year one. Equity gained on principal adds $3,161/yr while 5% annual appreciation supports $135,350 over five years. Portfolio math shows five-year ROI at 64.39% and total cumulative return in cash at $104,573. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,976/mo property income against a $2,398/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 2005
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47162, New Washington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 308 (100%) |
| Owner Occupied HU | 238 (77.3%) |
| Renter Occupied HU | 57 (18.5%) |
| Vacant Housing Units | 13 ( 4.2%) |
| Median Home Value | $292,105 |
| Average Home Value | $274,916 |
Housing Distribution
Address Breakdown
Residential
368
Single Family
368
Multi-Family
0
Businesses
42
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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