7560 E 620 SWolcottvilleIN46795
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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 Wolcottville at 7560 E 620 S, Wolcottville, IN, 46795 listed at $291,000 pairs $1,921/mo rent with a $1,424/mo payment to leave $174/mo cash flow. Total monthly income runs $1,921/mo, and annual cash flow reaches $2,094/yr on $96,467 cash to close. Return on cash invested measures 22.08% in year one, and rental yield registers 7.92% at a $291,000 basis. Equity gained on principal adds $1,878/yr, and annual property appreciation at 5% supports $80,398 by year five. Five-year ROI tracks 114.25% and total cumulative return in cash totals $110,214. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,921/mo property income relative to a $1,424/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46795, Wolcottville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,704 (100%) |
| Owner Occupied HU | 2,221 (60.0%) |
| Renter Occupied HU | 321 ( 8.7%) |
| Vacant Housing Units | 1,162 (31.4%) |
| Median Home Value | $340,772 |
| Average Home Value | $426,127 |
Housing Distribution
Address Breakdown
Residential
2,546
Single Family
2,546
Multi-Family
0
Businesses
75
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Listed by: Mike Kirchberg • Uptown Realty Group
Mls Name: IRMLS
Mls ID: #202602709