5193 N Bobwhite DrWarsawIN46582
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow5193 N Bobwhite Dr, Warsaw, IN, 46582 in Warsaw earns its strong cash-flow label: 10.02% yield, $3,708/mo rent, $1,043/mo net income, DSCR 1.86. The $444,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $122,669 by year five. Combined with $4,089/yr in principal paydown, total projected return reaches $235,066.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.0% |
| Monthly Cash Flow | $1,043 | $300 |
City averages based on Warsaw market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,708 |
| Total Monthly Debt Service | $2,489 |
| DSCR Ratio | 1.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2004
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46582, Warsaw, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,794 (100%) |
| Owner Occupied HU | 4,198 (61.8%) |
| Renter Occupied HU | 1,613 (23.7%) |
| Vacant Housing Units | 983 (14.5%) |
| Median Home Value | $285,026 |
| Average Home Value | $321,998 |
Housing Distribution
Address Breakdown
Residential
6,364
Single Family
5,923
Multi-Family
441
Businesses
279
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
Single Family
Built in 2004
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46582, Warsaw, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,794 (100%) |
| Owner Occupied HU | 4,198 (61.8%) |
| Renter Occupied HU | 1,613 (23.7%) |
| Vacant Housing Units | 983 (14.5%) |
| Median Home Value | $285,026 |
| Average Home Value | $321,998 |
Housing Distribution
Address Breakdown
Residential
6,364
Single Family
5,923
Multi-Family
441
Businesses
279
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Metzger • Metzger Property Services, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509370
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.