546 Oxford DrWabashIN46992
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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 546 Oxford Dr, Wabash, IN, 46992 offers $1,985/mo rent that, after a $1,273/mo payment, leaves $424/mo cash flow. Total monthly income is $1,985/mo, and annual cash flow is $5,086/yr on $86,190 cash. Return on cash invested measures 25.81% in year one, and rental yield stands at 9.16% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 134.24% and total cumulative return in cash reaches $115,697. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,985/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.25 Acres 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: Tisha Strickler • Lundquist Appraisals & Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522771
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.