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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 Waynetown at 9231 W 400 S, Waynetown, IN, 47990 earns from $756/mo rent with a $905/mo payment. Total monthly income totals $756/mo. ROI tracks 12.98% on current figures, and rental yield reads 4.9% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 65.44% and total cumulative return in cash sums $40,131. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $756/mo property income instead of your personal income.
Single Family
Built in 1936
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47990, Waynetown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 699 (100%) |
| Owner Occupied HU | 544 (77.8%) |
| Renter Occupied HU | 76 (10.9%) |
| Vacant Housing Units | 79 (11.3%) |
| Median Home Value | $148,288 |
| Average Home Value | $194,596 |
Residential
370
Single Family
370
Multi-Family
0
Businesses
34
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Chad Hess • F.C. Tucker West Central
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22050270
