847 Willark DrNew WhitelandIN46184
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 New Whiteland at 847 Willark Dr, New Whiteland, IN, 46184 at $254,000 posts ROI 24.26% with $305/mo cash flow from $1,830/mo rent. Total monthly income equals $1,830/mo, and annual cash flow records $3,666/yr on $84,201 to close. Return on cash invested measures 24.26% and rental yield reads 8.65% at the current $254,000. Equity gained on principal adds $1,639/yr, and 5% annual appreciation supports $70,176 by year five. Five-year ROI prints 125.96% and total cumulative return in cash totals $106,062.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,830/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46184, Whiteland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 4,390 (84.6%) |
| Renter Occupied HU | 740 (14.3%) |
| Vacant Housing Units | 60 ( 1.2%) |
| Median Home Value | $261,290 |
| Average Home Value | $282,753 |
Housing Distribution
Address Breakdown
Residential
5,129
Single Family
5,129
Multi-Family
0
Businesses
293
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathryn Lory • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22062483