408 E Sycamore St, Silver Lake, IN, 46982 | $602/mo Cash Flow

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 Silver Lake at 408 E Sycamore St, Silver Lake, IN, 46982 with 5% annual appreciation on a $154,900 basis while $1,532/mo rent supports operations. Total monthly income totals $1,532/mo and a $758/mo payment preserves $602/mo for cash returns. Annual cash flow comes to $7,228/yr on $51,349 deployed, and return on cash invested reaches 33.98% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,796 alongside rental yield of 11.87%. Five-year ROI measures 178.16% and total cumulative return in cash totals $91,484.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,532/mo property income versus a $758/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1880

8,712 sqft lot

$N/A/sqft

No HOA