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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Warsaw at 40 Ems B64 Ln, Warsaw, IN, 46582 offers $1,508/mo rent that, after a $929/mo payment, leaves $369/mo cash flow. Total monthly income is $1,508/mo, and annual cash flow is $4,422/yr on $62,952 cash. Return on cash invested measures 26.93% in year one, and rental yield stands at 9.53% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 140.29% and total cumulative return in cash reaches $88,313. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,508/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46582, Warsaw, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,794 (100%) |
| Owner Occupied HU | 4,198 (61.8%) |
| Renter Occupied HU | 1,613 (23.7%) |
| Vacant Housing Units | 983 (14.5%) |
| Median Home Value | $285,026 |
| Average Home Value | $321,998 |
Residential
6,364
Single Family
5,923
Multi-Family
441
Businesses
279
Date | Event | Price |
|---|---|---|
| 2025-04-17 | Listed for sale | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $554.64 | 1.34% | $56,300 | 2.18% |
| 2023-04-18 | $547.32 | 18.41% | $55,100 | 1.85% |
| 2022-04-18 | $462.24 | 16.48% | $54,100 | 22.40% |
Listed by: Mark Skibowski • Re/Max Lakes
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513226
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
