420 W Maple StWaterlooIN46793
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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 Waterloo at 420 W Maple St, Waterloo, IN, 46793 uses $62,156 cash to close to unlock $2,822/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $1,361/mo, and a $918/mo payment keeps the spread at $235/mo. Purchase price stands at $187,500, and rental yield measures 8.71% with $1,361/mo rent. Return on cash invested shows 24.45% in year one, and 5% annual appreciation builds toward $51,803 over five years. Five-year ROI reaches 127.03% and total cumulative return in cash records $78,955. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,361/mo property income covering a $918/mo payment rather than investor’s personal income.
Single Family
Built in 1890
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46793, Waterloo, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,769 (100%) |
| Owner Occupied HU | 1,332 (75.3%) |
| Renter Occupied HU | 271 (15.3%) |
| Vacant Housing Units | 166 ( 9.4%) |
| Median Home Value | $248,427 |
| Average Home Value | $319,747 |
Housing Distribution
Address Breakdown
Residential
1,435
Single Family
1,411
Multi-Family
24
Businesses
92
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