870 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
Investment property for sale in Waterloo at 870 Innkeepers Ct, Waterloo, IN, 46793 at $253,000 posts ROI 33.02% with $917/mo cash flow from $2,435/mo rent. Total monthly income equals $2,435/mo, and annual cash flow records $10,999/yr on $83,870 to close. Return on cash invested measures 33.02% and rental yield reads 11.55% at the current $253,000. Equity gained on principal adds $1,633/yr, and 5% annual appreciation supports $69,899 by year five. Five-year ROI prints 172.93% and total cumulative return in cash totals $145,036.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,435/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
9,583 sqft 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: Stacy Dailey • North Eastern Group Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202532429
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.