74 Ems D21 Ln, Syracuse, IN, 46567 | $1,145/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

74 Ems D21 Ln, Syracuse, IN, 46567 | $1,145/mo Cash Flow | Ziffy

Off market

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Airbnb Potential+ 1 more

4 Bed
2 Bath
1572 sft

803 N Edgewater St, Silver Lake, IN, 46982

2 Bed
1 Bath
1768 sft

6757 W 850th Rd S, Claypool, IN, 46510

4 Bed
2 Bath
1572 sft

3525 State Road 10, Bourbon, IN, 46504

2 Bed
2 Bath
1910 sft

4282 W 900 N, Milford, IN, 46542

Nearby investment properties with comparable prices

2 Bed
2 Bath
1204 sft

9578 S 750th Rd W, Claypool, IN, 46510

Currently Rented+ 3 more

3 Bed
1 Bath
1690 sft

1024 E Fort Wayne St, Warsaw, IN, 46580

1 Bed
1 Bath
396 sft

6023 W 100 N, Warsaw, IN, 46580

2 Bed
1 Bath
720 sft

8792 S Sunnyside Ln, Silver Lake, IN, 46982

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Syracuse at 74 Ems D21 Ln, Syracuse, IN, 46567 listed at $101,300 pairs $1,753/mo rent with a $496/mo payment to leave $1,145/mo cash flow. Total monthly income runs $1,753/mo, and annual cash flow reaches $13,737/yr on $33,581 cash to close. Return on cash invested measures 60.82% in year one, and rental yield registers 20.77% at a $101,300 basis. Equity gained on principal adds $654/yr, and annual property appreciation at 5% supports $27,987 by year five. Five-year ROI tracks 322.02% and total cumulative return in cash totals $108,136. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,753/mo property income relative to a $496/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1988

0.30 Acres lot

$N/A/sqft

No HOA

More details about the property

In the serene setting of Dewart Lake, Syracuse, Indiana, there lies a unique opportunity for homeownership. A property with a picturesque lake view and access, situated on a generously sized lot, offers not only the tranquility of waterside living but also the convenience of ample space for outdoor activities. The home features a spacious 24x24 garage, two cozy bedrooms, and a series of recent updates including the roof, windows, doors, kitchen, and flooring, ensuring a modern and comfortable living environment. The addition of a garden space with a small greenhouse invites a touch of nature and self-sustainability into daily life. For those who enjoy leisurely lake outings, the potential inclusion of a pontoon and golf cart presents an attractive bonus. Furthermore, the property falls within the reputable Wawasee school system, adding to its appeal. This home represents a blend of relaxation, recreation, and practicality, perfect for those seeking a peaceful lakeside retreat.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46567, Syracuse, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,038 (100%)
Owner Occupied HU	3,136 (51.9%)
Renter Occupied HU	872 (14.4%)
Vacant Housing Units	2,030 (33.6%)
Median Home Value	$317,585
Average Home Value	$442,306