9342 Wyman DrSaint JohnIN46373
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 9342 Wyman Dr, Saint John, IN, 46373 in Saint John deserves attention. This $560,500 property earns $4,724/mo in rent, a 10.11% gross yield, and nets $1,243/mo after the $2,520/mo payment. DSCR 1.87 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $154,856 compounds alongside $5,162/yr in yearly equity build, for a total cumulative return of $292,618.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.0% |
| Monthly Cash Flow | $1,243 | $300 |
City averages based on Saint John market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,724 |
| Total Monthly Debt Service | $3,258 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
0.56 Acres lot
$N/A/sqft
$1,400 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2024
0.56 Acres lot
$N/A/sqft
$1,400 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Kristoff • Blue Ridge Realty Group
Mls Name: NIRA
Mls Provider:
Mls ID: #543880
Disclaimer: Copyright 2024 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.