818 Chapman Lake DrWarsawIN46582
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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 Warsaw at 818 Chapman Lake Dr, Warsaw, IN, 46582 with 5% annual appreciation on a $477,500 basis while $3,420/mo rent supports operations. Total monthly income totals $3,420/mo and a $2,337/mo payment preserves $554/mo for cash returns. Annual cash flow comes to $6,645/yr on $158,291 deployed, and return on cash invested reaches 24.11% in year one. Equity gained on principal adds $3,081/yr, and five-year appreciation sums $131,924 alongside rental yield of 8.59%. Five-year ROI measures 125.12% and total cumulative return in cash totals $198,048.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,420/mo property income versus a $2,337/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46582, Warsaw, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,794 (100%) |
| Owner Occupied HU | 4,198 (61.8%) |
| Renter Occupied HU | 1,613 (23.7%) |
| Vacant Housing Units | 983 (14.5%) |
| Median Home Value | $285,026 |
| Average Home Value | $321,998 |
Housing Distribution
Address Breakdown
Residential
6,364
Single Family
5,923
Multi-Family
441
Businesses
279
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