400 N Webster StRensselaerIN47978
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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
Rental property for sale in Rensselaer at 400 N Webster St, Rensselaer, IN, 47978 priced at $157,800 pairs $1,559/mo rent with $612/mo cash flow after a $772/mo payment. Total monthly income equals $1,559/mo, and annual cash flow comes to $7,345/yr on $52,311 invested. Return on cash invested is 33.95% in year one, and rental yield stands at 11.86% on a $157,800 basis. Equity gained on principal adds $1,018/yr, and 5% annual appreciation accumulates to $43,597 by year five. Five-year ROI measures 177.98% and total cumulative return in cash reaches $93,103. For financing, Ziffy Mortgage’s DSCR program evaluates $1,559/mo property income against a $772/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47978, Rensselaer, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,710 (100%) |
| Owner Occupied HU | 3,173 (67.4%) |
| Renter Occupied HU | 1,190 (25.3%) |
| Vacant Housing Units | 347 ( 7.4%) |
| Median Home Value | $207,764 |
| Average Home Value | $254,811 |
Housing Distribution
Address Breakdown
Residential
4,454
Single Family
4,324
Multi-Family
130
Businesses
430
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Listed by: N/A • N/A
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