7645 Wymm LnIngallsIN46048
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ingalls at 7645 Wymm Ln, Ingalls, IN, 46048 generates $2,034/mo in rent and, after a $1,346/mo payment, leaves $384/mo in cash flow. Total monthly income is $2,034/mo, and annual cash flow is $4,612/yr on $91,129 invested. Return on cash invested sits at 24.97% in year one, and rental yield is 8.88% on a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 129.76% and total cumulative return in cash sums $118,251. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,034/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46048, Ingalls, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 759 (100%) |
| Owner Occupied HU | 603 (79.4%) |
| Renter Occupied HU | 118 (15.5%) |
| Vacant Housing Units | 38 ( 5.0%) |
| Median Home Value | $209,949 |
| Average Home Value | $246,874 |
Housing Distribution
Address Breakdown
Residential
700
Single Family
700
Multi-Family
0
Businesses
21
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