9237 W 1100 SWanatahIN46390
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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
Rental property for sale in Wanatah at 9237 W 1100 S, Wanatah, IN, 46390 generates $3,980/mo in rent, after a $3,549/mo payment. Total monthly income is $3,980/mo. Return on cash invested sits at 18.19% in year one, and rental yield is 6.59% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 93.33% and total cumulative return in cash sums $222,605. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,980/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
3.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46390, Wanatah, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,145 (100%) |
| Owner Occupied HU | 940 (82.1%) |
| Renter Occupied HU | 132 (11.5%) |
| Vacant Housing Units | 73 ( 6.4%) |
| Median Home Value | $285,448 |
| Average Home Value | $289,660 |
Housing Distribution
Address Breakdown
Residential
1,004
Single Family
1,004
Multi-Family
0
Businesses
96
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