5 Broadmoor DrWabashIN46992
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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 Wabash at 5 Broadmoor Dr, Wabash, IN, 46992 at $132,000 posts ROI 29.47% with $349/mo cash flow from $1,141/mo rent. Total monthly income equals $1,141/mo, and annual cash flow records $4,184/yr on $43,758 to close. Return on cash invested measures 29.47% and rental yield reads 10.37% at the current $132,000. Equity gained on principal adds $852/yr, and 5% annual appreciation supports $36,469 by year five. Five-year ROI prints 153.89% and total cumulative return in cash totals $67,339.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,141/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
7,840 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,142
Single Family
6,935
Multi-Family
207
Businesses
694
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Listed by: Lesley Vigar • True Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513679
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.