501 E Main St, Silver Lake, IN, 46982 | $373/mo Cash Flow

For Sale

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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

Rental property for sale in Silver Lake at 501 E Main St, Silver Lake, IN, 46982 offers $1,573/mo rent that, after a $978/mo payment, leaves $373/mo cash flow. Total monthly income is $1,573/mo, and annual cash flow is $4,481/yr on $66,267 cash. Return on cash invested measures 26.67% in year one, and rental yield stands at 9.44% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 138.89% and total cumulative return in cash reaches $92,041. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,573/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1880

5,662 sqft lot

$N/A/sqft

No HOA