7621 W Forest AveWarsawIN46582
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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 Warsaw at 7621 W Forest Ave, Warsaw, IN, 46582 uses $61,294 cash to close to unlock $6,937/yr annual cash flow and $578/mo monthly cash flow. Total monthly income runs $1,688/mo, and a $905/mo payment keeps the spread at $578/mo. Purchase price stands at $184,900, and rental yield measures 10.96% with $1,688/mo rent. Return on cash invested shows 31.23% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 163.37% and total cumulative return in cash records $100,135. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,688/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1951
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46582, Warsaw, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,794 (100%) |
| Owner Occupied HU | 4,198 (61.8%) |
| Renter Occupied HU | 1,613 (23.7%) |
| Vacant Housing Units | 983 (14.5%) |
| Median Home Value | $285,026 |
| Average Home Value | $321,998 |
Housing Distribution
Address Breakdown
Residential
6,364
Single Family
5,923
Multi-Family
441
Businesses
279
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