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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Waynetown at 8 Gladiator Dr, Waynetown, IN, 47990 priced at $199,900 converts $1,742/mo rent into $542/mo cash flow after a $978/mo obligation. Total monthly income equals $1,742/mo, and annual cash flow totals $6,509/yr on $66,267 invested. Return on cash invested prints 29.73% in year one, and rental yield reads 10.46% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 155.3% and total cumulative return in cash sums $102,913. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,742/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47990, Waynetown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 699 (100%) |
| Owner Occupied HU | 544 (77.8%) |
| Renter Occupied HU | 76 (10.9%) |
| Vacant Housing Units | 79 (11.3%) |
| Median Home Value | $148,288 |
| Average Home Value | $194,596 |
Residential
370
Single Family
370
Multi-Family
0
Businesses
34
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Noah Reissmann • Bentley Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22051465
