404 Park AveWheelerIN46393
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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 Wheeler at 404 Park Ave, Wheeler, IN, 46393 at $178,500 posts ROI 26.71% with $335/mo cash flow from $1,407/mo rent. Total monthly income equals $1,407/mo, and annual cash flow records $4,022/yr on $59,173 to close. Return on cash invested measures 26.71% and rental yield reads 9.46% at the current $178,500. Equity gained on principal adds $1,152/yr, and 5% annual appreciation supports $49,316 by year five. Five-year ROI prints 139.12% and total cumulative return in cash totals $82,322.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,407/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1938
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46393, Wheeler, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
40
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