9347 W State Road 14South WhitleyIN46787
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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 South Whitley at 9347 W State Road 14, South Whitley, IN, 46787 earns $41/mo cash flow from $1,361/mo rent with a $1,076/mo payment. Total monthly income totals $1,361/mo, and annual cash flow totals $495/yr on $72,897 capital. ROI tracks 20.59% on current figures, and rental yield reads 7.43% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 106.3% and total cumulative return in cash sums $77,488. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,361/mo property income instead of your personal income.
Manufactured
Built in 2000
6.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46787, South Whitley, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,596 (100%) |
| Owner Occupied HU | 1,266 (79.3%) |
| Renter Occupied HU | 261 (16.4%) |
| Vacant Housing Units | 69 ( 4.3%) |
| Median Home Value | $191,438 |
| Average Home Value | $235,302 |
Housing Distribution
Address Breakdown
Residential
1,589
Single Family
1,589
Multi-Family
0
Businesses
83
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Listed by: Nathan Smith • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523022
Disclaimer: 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.