406 W Anderson St, Wolcott, IN, 47995 | $310/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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406 W Anderson St, Wolcott, IN, 47995 | $310/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 Wolcott at 406 W Anderson St, Wolcott, IN, 47995 at $185,000 posts ROI 25.97% with $310/mo cash flow from $1,420/mo rent. Total monthly income equals $1,420/mo, and annual cash flow records $3,720/yr on $61,328 to close. Return on cash invested measures 25.97% and rental yield reads 9.21% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 135.1% and total cumulative return in cash totals $82,851.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,420/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1900

0.42 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully cared-for 1.5-story farmhouse that blends classic charm with modern comfort. Featuring 3 bedrooms and 2 bathrooms, this home offers plenty of space for comfortable living. Step inside to find two spacious living rooms, a dedicated dining room, and a bright, functional kitchen perfect for everyday meals or entertaining. The large laundry room adds convenience and extra storage space. Relax and unwind on the expansive screened-in porch, ideal for enjoying quiet mornings or summer evenings. Outside, youll appreciate the detached 2-car garage and the well-kept grounds that reflect the pride of ownership throughout.