709 S Washington StSwayzeeIN46986
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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
Rental property for sale in Swayzee at 709 S Washington St, Swayzee, IN, 46986 priced at $210,100 converts $1,576/mo rent into $315/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,576/mo, and annual cash flow totals $3,782/yr on $69,648 invested. Return on cash invested prints 25.34% in year one, and rental yield reads 9% against a $210,100 entry. Equity gained on principal adds $1,356/yr, while 5% annual appreciation compiles into $58,047 by year five. Five-year ROI reaches 131.75% and total cumulative return in cash sums $91,763. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,576/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46986, Swayzee, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 775 (100%) |
| Owner Occupied HU | 585 (75.5%) |
| Renter Occupied HU | 113 (14.6%) |
| Vacant Housing Units | 77 ( 9.9%) |
| Median Home Value | $198,093 |
| Average Home Value | $241,585 |
Housing Distribution
Address Breakdown
Residential
649
Single Family
649
Multi-Family
0
Businesses
36
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