579 E 800 NWheatfieldIN46392
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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 579 E 800 N, Wheatfield, IN, 46392 earns from $2,671/mo rent with a $6,852/mo payment. Total monthly income totals $2,671/mo. ROI tracks 5.2% on current figures, and rental yield reads 2.29% at a $1,400,000 purchase. Equity gained on principal adds $9,034/yr, and 5% annual appreciation supports $386,794 over five years. Five-year ROI reaches 23.64% and total cumulative return in cash sums $107,227. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,671/mo property income instead of your personal income.
Single Family
Built in 1983
120 Acres 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: Jo Anne Mellen • @properties/Christie's Intl RE
Mls Name: NIRA
Mls ID: #822320