4965 Wetzel Drive NWDepauwIN47115
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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
Rental property for sale in Depauw at 4965 Wetzel Drive NW, Depauw, IN, 47115 generates $970/mo in rent and, after a $611/mo payment, leaves $221/mo in cash flow. Total monthly income is $970/mo, and annual cash flow is $2,647/yr on $41,404 invested. Return on cash invested sits at 26.3% in year one, and rental yield is 9.32% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 136.91% and total cumulative return in cash sums $56,686. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $970/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47115, Depauw, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,061 (100%) |
| Owner Occupied HU | 805 (75.9%) |
| Renter Occupied HU | 146 (13.8%) |
| Vacant Housing Units | 110 (10.4%) |
| Median Home Value | $212,298 |
| Average Home Value | $215,112 |
Housing Distribution
Address Breakdown
Residential
998
Single Family
998
Multi-Family
0
Businesses
13
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Listed by: Tina Browning • Green Tree Real Estate Services
Mls Name: SIRA
Mls Provider:
Mls ID: #202506748
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.