503 E Waterford StWakarusaIN46573
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wakarusa at 503 E Waterford St, Wakarusa, IN, 46573 earns $409/mo cash flow from $1,348/mo rent with a $766/mo payment. Total monthly income totals $1,348/mo, and annual cash flow totals $4,902/yr on $51,880 capital. ROI tracks 29.36% on current figures, and rental yield reads 10.34% at a $156,500 purchase. Equity gained on principal adds $1,010/yr, and 5% annual appreciation supports $43,238 over five years. Five-year ROI reaches 153.32% and total cumulative return in cash sums $79,543. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,348/mo property income instead of your personal income.
Multi Family
Built in 1972
0.41 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wayne Risser • Century 21 Circle
Mls Name: IRMLS
Mls Provider:
Mls ID: #202532730
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.