792 Lafontaine AveWabashIN46992
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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 Wabash at 792 Lafontaine Ave, Wabash, IN, 46992 earns $616/mo cash flow from $1,726/mo rent with a $905/mo payment. Total monthly income totals $1,726/mo, and annual cash flow totals $7,393/yr on $61,294 capital. ROI tracks 31.97% on current figures, and rental yield reads 11.2% at a $184,900 purchase. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 over five years. Five-year ROI reaches 167.36% and total cumulative return in cash sums $102,583. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,726/mo property income instead of your personal income.
Single Family
Built in 1999
8.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46992, Wabash, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,509 (100%) |
| Owner Occupied HU | 5,049 (67.2%) |
| Renter Occupied HU | 1,690 (22.5%) |
| Vacant Housing Units | 770 (10.3%) |
| Median Home Value | $182,535 |
| Average Home Value | $212,867 |
Housing Distribution
Address Breakdown
Residential
7,142
Single Family
6,935
Multi-Family
207
Businesses
694
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