910 S Ijams St, Garrett, IN, 46738 | 4.05% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1603 sft

11234 State Route 49, Hicksville, OH, 43526

4 Bed
2 Bath
1236 sft

223 W Edgerton St, Hicksville, OH, 43526

4 Bed
3 Bath
1758 sft

2730 Buckskin Rd, Hicksville, OH, 43526

3 Bed
1 Bath
1040 sft

502 Maple Lane Dr, Hicksville, OH, 43526

Nearby investment properties with comparable prices

4 Bed
2 Bath
1630 sft

526 Lasselle St, Fort Wayne, IN, 46803

3 Bed
2 Bath
1752 sft

3623 Dewberry Dr, Fort Wayne, IN, 46815

3 Bed
1 Bath
1600 sft

5110 Eastwick Dr, Fort Wayne, IN, 46815

3 Bed
2 Bath
1512 sft

819 Elnora Dr, Fort Wayne, IN, 46825

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Garrett at 910 S Ijams St, Garrett, IN, 46738 offers a 4.05% rental yield on a $246,900 purchase with $834/mo rent. 41% in year one. Equity gained on principal adds $1,593/yr while 5% annual appreciation supports $68,214 over five years. Portfolio math shows five-year ROI at 51.71% and total cumulative return in cash at $42,321. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $834/mo property income against a $1,208/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1960

5,662 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46738, Garrett, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,457 (100%)
Owner Occupied HU	2,591 (74.9%)
Renter Occupied HU	727 (21.0%)
Vacant Housing Units	139 ( 4.0%)
Median Home Value	$197,979
Average Home Value	$219,234