8526 E Asbury LnNorth WebsterIN46555
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
Rental property for sale in North Webster at 8526 E Asbury Ln, North Webster, IN, 46555 offers $1,307/mo rent that, after a $756/mo payment, leaves $380/mo cash flow. Total monthly income is $1,307/mo, and annual cash flow is $4,557/yr on $51,217 cash. Return on cash invested measures 28.81% in year one, and rental yield stands at 10.15% at a $154,500 entry. Equity gained on principal adds $997/yr while 5% annual appreciation compounds into $42,686 by year five. Five-year ROI records 150.33% and total cumulative return in cash reaches $76,995. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,307/mo property income versus a $756/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46555, North Webster, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 994 (52.8%) |
| Renter Occupied HU | 233 (12.4%) |
| Vacant Housing Units | 654 (34.8%) |
| Median Home Value | $276,596 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
1,155
Single Family
1,155
Multi-Family
0
Businesses
186
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Listed by: James Bausch • RE/MAX Results- Warsaw
Mls Name: IRMLS
Mls Provider:
Mls ID: #202433773
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.