418 S Washington St, Pierceton, IN, 46562 | 6.04% Rental Yield

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

Total monthly income runs $1,360/mo, and a $1,322/mo payment. Purchase price stands at $270,000, and rental yield measures 6.04% with $1,360/mo rent. Return on cash invested shows 16.41% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 83.84% and total cumulative return in cash records $75,037. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,360/mo property income covering a $1,322/mo payment rather than investor’s personal income.

Single Family

Built in 2025

0.28 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46562, Pierceton, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,003 (100%)
Owner Occupied HU	1,411 (70.4%)
Renter Occupied HU	315 (15.7%)
Vacant Housing Units	277 (13.8%)
Median Home Value	$253,507
Average Home Value	$290,512