








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 802 S McClellan St, Warsaw, IN, 46580 offers $2,291/mo rent that, after a $903/mo payment, leaves $1,012/mo cash flow. Total monthly income is $2,291/mo, and annual cash flow is $12,140/yr on $61,129 cash. Return on cash invested measures 39.77% in year one, and rental yield stands at 14.91% at a $184,400 entry. Equity gained on principal adds $1,190/yr while 5% annual appreciation compounds into $50,946 by year five. Five-year ROI records 210.33% and total cumulative return in cash reaches $128,574. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,291/mo property income versus a $903/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-01-05 | Listing removed | $1,650 |
| 2024-12-27 | Listed for rent | $1,700 |
| 2024-12-12 | Listing removed | $224,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $3593.32 | 10.82% | $175,800 | 1.85% |
| 2023-10-31 | $3242.60 | 132.90% | $172,600 | 10.93% |
| 2022-10-31 | $1392.28 | -19.79% | $155,600 | 134.69% |



Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A