710 N Wayne St, Warren, IN, 46792 | $176/mo Cash Flow

For Sale

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 Warren at 710 N Wayne St, Warren, IN, 46792 with 5% annual appreciation on a $279,900 basis while $1,856/mo rent supports operations. Total monthly income totals $1,856/mo and a $1,370/mo payment preserves $176/mo for cash returns. Annual cash flow comes to $2,109/yr on $92,787 deployed, and return on cash invested reaches 22.18% in year one. Equity gained on principal adds $1,806/yr, and five-year appreciation sums $77,331 alongside rental yield of 7.96%. Five-year ROI measures 114.79% and total cumulative return in cash totals $106,513.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,856/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2005

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained home that combines charm, privacy, and comfort! The spacious open kitchen is filled with morning sunlight and flows seamlessly into the bright living area, which opens onto a private deck leading to a well-crafted 8x8 gazeboperfect for relaxing or entertaining. The fully fenced backyard offers privacy, mature shade trees, and plenty of space for kids or pets to play. A clean, sturdy shed adds extra storage convenience, and there is additional parking alongside the garage for your RV or boat. In the garage you will find a built-in work bench, and wall-mounted peg boards and cabinets. Inside, you'll find recent upgrades, including a stainless steel oven and microwave installed within the past year. Walk-in closets and a jetted tub in the master bath make this split floorplan even more interesting and fun. The home is so meticulously cared for, its hard to believe its 20 years old! Surrounded by award-winning neighbors who exemplify community pride, this home is a rare find.