5751 S Meridian Rd, Poneto, IN, 46781 | $187/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5751 S Meridian Rd, Poneto, IN, 46781 | $187/mo Cash Flow | Ziffy

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Poneto at 5751 S Meridian Rd, Poneto, IN, 46781 uses $34,808 cash to close to unlock $2,239/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $817/mo, and a $514/mo payment keeps the spread at $187/mo. Purchase price stands at $105,000, and rental yield measures 9.34% with $817/mo rent. Return on cash invested shows 26.34% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 137.18% and total cumulative return in cash records $47,750. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $817/mo property income covering a $514/mo payment rather than investor’s personal income.

Single Family

Built in 1900

0.80 Acres lot

$N/A/sqft

No HOA

More details about the property

OPEN HOUSE THURSDAY AUGUST 7th 4-6PM! MOTIVATED SELLER! Located on just under 1 acre of land, sits this 1,476 SqFt A-Frame style home. Spacious living area, with an open galley style kitchen. Laminate flooring throughout. Appliances are included but not warranted. Open wood deck off of the kitchen/living area that overlooks the back yard. Two rooms currently being used as bedrooms on the main floor, and a spacious loft bedroom upstairs. There has been some updated plumbing, and electrical. Metal roof. Plenty of gravel off street parking. Oversized two car garage. Municipal sewer. Tons of open yard space. Bluffton Schools. Home is being sold as is

Neighborhood Data

Neighborhood data shown for ZIP Code: 46781, Poneto, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	353 (100%)
Owner Occupied HU	292 (82.7%)
Renter Occupied HU	31 ( 8.8%)
Vacant Housing Units	30 ( 8.5%)
Median Home Value	$218,293
Average Home Value	$258,836