5708 N Old State Route 15WarsawIN46582
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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 5708 N Old State Route 15, Warsaw, IN, 46582 listed at $328,900 pairs $2,306/mo rent with a $1,610/mo payment to leave $331/mo cash flow. Total monthly income runs $2,306/mo, and annual cash flow reaches $3,978/yr on $109,030 cash to close. Return on cash invested measures 23.56% in year one, and rental yield registers 8.41% at a $328,900 basis. Equity gained on principal adds $2,122/yr, and annual property appreciation at 5% supports $90,869 by year five. Five-year ROI tracks 122.18% and total cumulative return in cash totals $133,213. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,306/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
1.50 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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