417 W Wilber StRemingtonIN47977
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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 Remington at 417 W Wilber St, Remington, IN, 47977 with 5% annual appreciation on a $189,900 basis while $1,461/mo rent supports operations. Total monthly income totals $1,461/mo and a $929/mo payment preserves $322/mo for cash returns. Annual cash flow comes to $3,858/yr on $62,952 deployed, and return on cash invested reaches 26.04% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 9.23%. Five-year ROI measures 135.5% and total cumulative return in cash totals $85,301.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,461/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47977, Remington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 990 (100%) |
| Owner Occupied HU | 658 (66.5%) |
| Renter Occupied HU | 268 (27.1%) |
| Vacant Housing Units | 64 ( 6.5%) |
| Median Home Value | $182,143 |
| Average Home Value | $205,935 |
Housing Distribution
Address Breakdown
Residential
802
Single Family
802
Multi-Family
0
Businesses
97
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