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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 Warsaw at 800 E Arthur St APT F2, Warsaw, IN, 46580 offers $1,657/mo rent that, after a $1,003/mo payment, leaves $236/mo cash flow. Total monthly income is $1,657/mo, and annual cash flow is $2,829/yr on $67,958 cash. Return on cash invested measures 24.07% in year one, and rental yield stands at 9.7% at a $205,000 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,638 by year five. Five-year ROI records 126.14% and total cumulative return in cash reaches $85,722. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,657/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1995
N/A lot
$N/A/sqft
$191 monthly HOA
Neighborhood data shown for ZIP Code: 46580, Warsaw, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,714 (100%) |
| Owner Occupied HU | 6,549 (67.4%) |
| Renter Occupied HU | 2,447 (25.2%) |
| Vacant Housing Units | 718 ( 7.4%) |
| Median Home Value | $243,970 |
| Average Home Value | $287,875 |
Residential
9,284
Single Family
8,743
Multi-Family
541
Businesses
844
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Sold | $205,000 |
| 2025-05-09 | Pending sale | $209,900 |
| 2025-05-03 | Listed for sale | $209,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $1654.82 | 11.79% | $188,600 | 17.65% |
| 2023-10-13 | $1480.24 | 2.62% | $160,300 | 11.94% |
| 2022-10-13 | $1442.40 | 1.37% | $143,200 | 3.02% |
Listed by: Derek Crosson • Twin Pines Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515881
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
