766 W 300 N, Winchester, IN, 47394 | $259/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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766 W 300 N, Winchester, IN, 47394 | $259/mo Cash Flow | Ziffy

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 Winchester at 766 W 300 N, Winchester, IN, 47394 offers a 9.21% rental yield on a $155,000 purchase with $1,190/mo rent. Total monthly income registers $1,190/mo, and a $759/mo payment leaves $259/mo available for distribution. Annual cash flow reaches $3,111/yr on $51,383 to close, and return on cash invested stands at 25.96% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 135.16% and total cumulative return in cash at $69,448. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,190/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1900

5 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover the potential of this spacious 5-bedroom, 1-bathroom home offering 2,600 finished square feet and set on five peaceful rural acres. This property combines the charm of country living with valuable improvements and abundant storage optionsperfect for hobby farmers, collectors, or anyone seeking room to grow. The home is equipped with central air and a gas forced-air furnace, ensuring year-round comfort. Major updates include a new shingle roof installed in 2024 and a well installed within the last 5 years, giving buyers confidence in two of the most important components of rural living. Outside, the acreage is complemented by a versatile collection of outbuildings. A classic hip-roof barn with 1,720 square feet offers excellent potential for livestock, equipment, or workshop use. An open-sided pole building with 1,800 square feet provides substantial covered storage for machinery, vehicles, or hay. Additional structures include two utility sheds for tools and supplies, along with a metal carport for convenient vehicle protection. Whether youre looking to establish a homestead, expand your agricultural footprint, or invest in a property with strong improvement value, this acreage delivers opportunity in every direction.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47394, Winchester, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,747 (100%)
Owner Occupied HU	2,424 (64.7%)
Renter Occupied HU	944 (25.2%)
Vacant Housing Units	379 (10.1%)
Median Home Value	$129,592
Average Home Value	$200,535