461 Bent St, Wabash, IN, 46992 | $382/mo Cash Flow

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461 Bent St, Wabash, IN, 46992 | $382/mo Cash Flow | Ziffy

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

Investment property for sale in Wabash at 461 Bent St, Wabash, IN, 46992 uses $54,698 cash to close to unlock $4,585/yr annual cash flow and $382/mo monthly cash flow. Total monthly income runs $1,373/mo, and a $808/mo payment keeps the spread at $382/mo. Purchase price stands at $165,000, and rental yield measures 9.99% with $1,373/mo rent. Return on cash invested shows 28.29% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 147.65% and total cumulative return in cash records $80,759. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,373/mo property income covering a $808/mo payment rather than investor’s personal income.

Single Family

Built in 1900

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming home on the south side of Wabash, thoughtfully designed with a functional layout that suits a variety of lifestyles. Step inside to a spacious open concept living and dining area, featuring beautiful bay windows, fresh paint and wallpaper, and new flooring. With three comfortable bedrooms and a generously sized full bathroom, theres plenty of space for everyone. Toward the back of the home, you'll find an oversized laundry room that offers versatile potential. Use it as a playroom, home office, or hobby space to best fit your needs. Step outside to enjoy the large, fully fenced backyard, perfect for gatherings or relaxing evenings. A spacious detached garage adds even more convenience and storage. Both the home and garage feature durable metal roofs, offering long lasting peace of mind. This adorable home is move-in ready and waiting for new owners to create lasting memories. AI pictures added to help imagine putting your own touches on it.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46992, Wabash, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,509 (100%)
Owner Occupied HU	5,049 (67.2%)
Renter Occupied HU	1,690 (22.5%)
Vacant Housing Units	770 (10.3%)
Median Home Value	$182,535
Average Home Value	$212,867