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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Wabash at 852 W 850th Rd S, Wabash, IN, 46992 uses $34,808 cash to close to unlock $2,263/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $819/mo, and a $514/mo payment keeps the spread at $189/mo. Purchase price stands at $105,000, and rental yield measures 9.36% with $819/mo rent. Return on cash invested shows 26.41% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 137.53% and total cumulative return in cash records $47,870. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $819/mo property income covering a $514/mo payment rather than investor’s personal income.
Manufactured
Built in 1988
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46992, Wabash, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,509 (100%) |
| Owner Occupied HU | 5,049 (67.2%) |
| Renter Occupied HU | 1,690 (22.5%) |
| Vacant Housing Units | 770 (10.3%) |
| Median Home Value | $182,535 |
| Average Home Value | $212,867 |
Residential
7,142
Single Family
6,935
Multi-Family
207
Businesses
694
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Linda K Robinson • Central Indiana Homes, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202537012
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.
