528 Congress StWabashIN46992
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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
Rental property for sale in Wabash at 528 Congress St, Wabash, IN, 46992 priced at $183,000 pairs $1,954/mo rent with $855/mo cash flow after a $896/mo payment. Total monthly income equals $1,954/mo, and annual cash flow comes to $10,262/yr on $60,665 invested. Return on cash invested is 36.83% in year one, and rental yield stands at 12.81% on a $183,000 basis. Equity gained on principal adds $1,181/yr, and 5% annual appreciation accumulates to $50,560 by year five. Five-year ROI measures 193.36% and total cumulative return in cash reaches $117,299. For financing, Ziffy Mortgage’s DSCR program evaluates $1,954/mo property income against a $896/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
9,147 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: Seth Dawson • eXp Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521883
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.