5708 Fountainview DrWheatfieldIN46392
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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 Wheatfield at 5708 Fountainview Dr, Wheatfield, IN, 46392 offers a 6.71% rental yield on a $674,900 purchase with $3,776/mo rent. 57% in year one. Equity gained on principal adds $4,355/yr while 5% annual appreciation supports $186,462 over five years. Portfolio math shows five-year ROI at 95.4% and total cumulative return in cash at $211,819. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,776/mo property income against a $3,303/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46392, Wheatfield, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,357 (100%) |
| Owner Occupied HU | 2,717 (80.9%) |
| Renter Occupied HU | 515 (15.3%) |
| Vacant Housing Units | 125 ( 3.7%) |
| Median Home Value | $247,317 |
| Average Home Value | $281,088 |
Housing Distribution
Address Breakdown
Residential
3,109
Single Family
3,109
Multi-Family
0
Businesses
85
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Listed by: Susie Jaskowiak • @properties/Christie's Intl RE
Mls Name: NIRA
Mls ID: #828439