810 W Neher Rd, Silver Lake, IN, 46982 | $235/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Motivated Seller+ 1 more

3 Bed
1 Bath
1645 sft

562 Railroad St, Wabash, IN, 46992

3 Bed
1 Bath
1053 sft

1139 Rochester Blvd, Rochester, IN, 46975

3 Bed
2 Bath
1212 sft

301 N Sycamore St, North Manchester, IN, 46962

2 Bed
2 Bath
1056 sft

1105 N Market St, North Manchester, IN, 46962

Nearby investment properties with comparable prices

3 Bed
2 Bath
1534 sft

717 E Market St, Warsaw, IN, 46580

3 Bed
1 Bath
1425 sft

1814 Cambridge Dr, Warsaw, IN, 46580

3 Bed
1 Bath
1404 sft

5317 W 100th Rd S, Wabash, IN, 46992

3 Bed
2 Bath
1560 sft

404 S 1st St, Pierceton, IN, 46562

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Silver Lake at 810 W Neher Rd, Silver Lake, IN, 46982 at $229,000 posts ROI 23.63% with $235/mo cash flow from $1,610/mo rent. Total monthly income equals $1,610/mo, and annual cash flow records $2,822/yr on $75,914 to close. Return on cash invested measures 23.63% and rental yield reads 8.44% at the current $229,000. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 by year five. Five-year ROI prints 122.59% and total cumulative return in cash totals $93,065.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,610/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Manufactured

Built in 1997

0.62 Acres lot

$N/A/sqft

No HOA