8 Ems W23b LnNorth WebsterIN46555
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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 North Webster at 8 Ems W23b Ln, North Webster, IN, 46555 uses $65,969 cash to close to unlock $857/yr annual cash flow and $71/mo monthly cash flow. Total monthly income runs $1,266/mo, and a $974/mo payment keeps the spread at $71/mo. Purchase price stands at $199,000, and rental yield measures 7.63% with $1,266/mo rent. Return on cash invested shows 21.21% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 109.61% and total cumulative return in cash records $72,306. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,266/mo property income covering a $974/mo payment rather than investor’s personal income.
Manufactured
Built in 1986
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46555, North Webster, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 994 (52.8%) |
| Renter Occupied HU | 233 (12.4%) |
| Vacant Housing Units | 654 (34.8%) |
| Median Home Value | $276,596 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
1,155
Single Family
1,155
Multi-Family
0
Businesses
186
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Listed by: Dodie Gerger • SUNRISE Realty
Mls Name: IRMLS
Mls ID: #202513852