408 N Hickory St WNorth WebsterIN46555
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Webster at 408 N Hickory St W, North Webster, IN, 46555 with 5% annual appreciation on a $223,600 basis while $2,125/mo rent supports operations. Total monthly income totals $2,125/mo and a $1,094/mo payment preserves $783/mo for cash returns. Annual cash flow comes to $9,398/yr on $74,123 deployed, and return on cash invested reaches 32.59% in year one. Equity gained on principal adds $1,443/yr, and five-year appreciation sums $61,777 alongside rental yield of 11.4%. Five-year ROI measures 170.62% and total cumulative return in cash totals $126,469.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,125/mo property income versus a $1,094/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46555, North Webster, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 994 (52.8%) |
| Renter Occupied HU | 233 (12.4%) |
| Vacant Housing Units | 654 (34.8%) |
| Median Home Value | $276,596 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
1,155
Single Family
1,155
Multi-Family
0
Businesses
186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A