9301 County Road 250 NWadesvilleIN47638
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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 9301 County Road 250 N, Wadesville, IN, 47638 offers a 2.73% rental yield on a $329,000 purchase with $748/mo rent. 41% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 30.23% and total cumulative return in cash at $32,973. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $748/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.58 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: Steve Koleno • BEYCOME OF FLORIDA LLC
Mls Name: NY State MLS
Mls ID: #11545031