8651 Old Blairsville RdWadesvilleIN47638
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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 Wadesville at 8651 Old Blairsville Rd, Wadesville, IN, 47638 earns from $748/mo rent with a $1,654/mo payment. Total monthly income totals $748/mo. ROI tracks 6.19% on current figures, and rental yield reads 2.66% at a $338,000 purchase. Equity gained on principal adds $2,181/yr, and 5% annual appreciation supports $93,383 over five years. Five-year ROI reaches 29.06% and total cumulative return in cash sums $32,558. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $748/mo property income instead of your personal income.
Single Family
Built in 1927
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47638, Wadesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,383 (100%) |
| Owner Occupied HU | 1,170 (84.6%) |
| Renter Occupied HU | 146 (10.6%) |
| Vacant Housing Units | 67 ( 4.8%) |
| Median Home Value | $319,667 |
| Average Home Value | $344,064 |
Housing Distribution
Address Breakdown
Residential
1,383
Single Family
1,383
Multi-Family
0
Businesses
49
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Listed by: Nikki Davis • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls ID: #202535499