520 E Levi Lee RdWarsawIN46582
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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 Warsaw at 520 E Levi Lee Rd, Warsaw, IN, 46582 uses $109,395 cash to close to unlock $14,137/yr annual cash flow and $1,178/mo monthly cash flow. Total monthly income runs $3,188/mo, and a $1,615/mo payment keeps the spread at $1,178/mo. Purchase price stands at $330,000, and rental yield measures 11.59% with $3,188/mo rent. Return on cash invested shows 32.83% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 172.05% and total cumulative return in cash records $188,219. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,188/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1967
5.63 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
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Listed by: Samantha Stoner • Mike Thomas Assoc., Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513448
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.