5670 N State Road 15WabashIN46992
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 Wabash at 5670 N State Road 15, Wabash, IN, 46992 earns $162/mo cash flow from $1,362/mo rent with a $978/mo payment. Total monthly income totals $1,362/mo, and annual cash flow totals $1,949/yr on $66,267 capital. ROI tracks 22.85% on current figures, and rental yield reads 8.18% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 118.41% and total cumulative return in cash sums $78,469. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,362/mo property income instead of your personal income.
Single Family
Built in 1957
1.31 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
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: #202508264
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.