607 N 5th StNorth WebsterIN46555
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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 North Webster at 607 N 5th St, North Webster, IN, 46555 offers a 5.41% rental yield on a $357,500 purchase with $1,612/mo rent. 43% in year one. Equity gained on principal adds $2,307/yr while 5% annual appreciation supports $98,771 over five years. Portfolio math shows five-year ROI at 68.27% and total cumulative return in cash at $80,909. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,612/mo property income against a $1,750/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46555, North Webster, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 994 (52.8%) |
| Renter Occupied HU | 233 (12.4%) |
| Vacant Housing Units | 654 (34.8%) |
| Median Home Value | $276,596 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
1,155
Single Family
1,155
Multi-Family
0
Businesses
186
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Listed by: Jeremy W Doerr • Re/Max Partners
Mls Name: IRMLS
Mls Provider:
Mls ID: #202530963
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.