845 Innkeepers CtWaterlooIN46793
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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
Rental property for sale in Waterloo at 845 Innkeepers Ct, Waterloo, IN, 46793 priced at $257,000 pairs $2,608/mo rent with $1,033/mo cash flow after a $1,258/mo payment. Total monthly income equals $2,608/mo, and annual cash flow comes to $12,399/yr on $85,196 invested. Return on cash invested is 34.46% in year one, and rental yield stands at 12.18% on a $257,000 basis. Equity gained on principal adds $1,658/yr, and 5% annual appreciation accumulates to $71,004 by year five. Five-year ROI measures 180.85% and total cumulative return in cash reaches $154,080. For financing, Ziffy Mortgage’s DSCR program evaluates $2,608/mo property income against a $1,258/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46793, Waterloo, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,769 (100%) |
| Owner Occupied HU | 1,332 (75.3%) |
| Renter Occupied HU | 271 (15.3%) |
| Vacant Housing Units | 166 ( 9.4%) |
| Median Home Value | $248,427 |
| Average Home Value | $319,747 |
Housing Distribution
Address Breakdown
Residential
1,435
Single Family
1,411
Multi-Family
24
Businesses
92
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Listed by: Taylor Ruoff • North Eastern Group Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439319
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.