








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Winamac at 421 E 100th Rd S, Winamac, IN, 46996 offers a 20.51% rental yield on a $550,000 purchase with $9,400/mo rent. Total monthly income registers $9,400/mo, and a $2,692/mo payment leaves $6,098/mo available for distribution. Annual cash flow reaches $73,181/yr on $180,950 to close, and return on cash invested stands at 60.5% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 320.26% and total cumulative return in cash at $579,514. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $9,400/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
3 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46996, Winamac, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,108 (100%) |
| Owner Occupied HU | 2,103 (67.7%) |
| Renter Occupied HU | 608 (19.6%) |
| Vacant Housing Units | 397 (12.8%) |
| Median Home Value | $160,187 |
| Average Home Value | $206,297 |
Residential
2,950
Single Family
2,901
Multi-Family
49
Businesses
299
Date | Event | Price |
|---|---|---|
| 2025-06-16 | Sold | $550,000 |
| 2025-05-19 | Pending sale | $635,000 |
| 2025-05-12 | Listed for sale | $635,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
Pull Down Stairs,Storage
Listed by: Ryan Harrison • Harrison Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517277
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.