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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Wabash at 607 Berkley Dr, Wabash, IN, 46992 listed at $110,000 pairs $835/mo rent with a $538/mo payment to leave $175/mo cash flow. Total monthly income runs $835/mo, and annual cash flow reaches $2,101/yr on $36,465 cash to close. Return on cash invested measures 25.67% in year one, and rental yield registers 9.11% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 133.61% and total cumulative return in cash totals $48,720. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $835/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46992, Wabash, IN area.
| 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 |
Residential
7,142
Single Family
6,935
Multi-Family
207
Businesses
694
Date | Event | Price |
|---|---|---|
| 2025-07-19 | Listed for sale | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-22 | N/A | N/A | $84,100 | 7.68% |
| 2023-07-22 | N/A | N/A | $78,100 | 13.68% |
| 2022-07-22 | N/A | N/A | $68,700 | 7.85% |
Listed by: Logan Clark • Terrell Realty Group, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202528282
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.
