420 Nuthatch DrWarsawIN46580
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 420 Nuthatch Dr, Warsaw, IN, 46580 in Warsaw. At $288,700 it earns $2,304/mo in rent and distributes $548/mo to the owner after the $1,298/mo payment, a consistent 9.58% yield. DSCR 1.78 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $79,762 in value; $2,659/yr in principal paydown compounds ownership stake. Total projected return: $144,602.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.0% |
| Monthly Cash Flow | $548 | $300 |
City averages based on Warsaw market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,304 |
| Total Monthly Debt Service | $1,641 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2008
0.28 Acres lot
$N/A/sqft
$16 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46580, Warsaw, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,714 (100%) |
| Owner Occupied HU | 6,549 (67.4%) |
| Renter Occupied HU | 2,447 (25.2%) |
| Vacant Housing Units | 718 ( 7.4%) |
| Median Home Value | $243,970 |
| Average Home Value | $287,875 |
Housing Distribution
Address Breakdown
Residential
9,284
Single Family
8,743
Multi-Family
541
Businesses
844
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
Single Family
Built in 2008
0.28 Acres lot
$N/A/sqft
$16 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46580, Warsaw, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,714 (100%) |
| Owner Occupied HU | 6,549 (67.4%) |
| Renter Occupied HU | 2,447 (25.2%) |
| Vacant Housing Units | 718 ( 7.4%) |
| Median Home Value | $243,970 |
| Average Home Value | $287,875 |
Housing Distribution
Address Breakdown
Residential
9,284
Single Family
8,743
Multi-Family
541
Businesses
844
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices