935 E Sheridan StWarsawIN46580
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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 Warsaw at 935 E Sheridan St, Warsaw, IN, 46580 priced at $161,100 pairs $1,853/mo rent with $799/mo cash flow after a $789/mo payment. Total monthly income equals $1,853/mo, and annual cash flow comes to $9,589/yr on $53,405 invested. Return on cash invested is 37.87% in year one, and rental yield stands at 13.8% on a $161,100 basis. Equity gained on principal adds $1,040/yr, and 5% annual appreciation accumulates to $44,509 by year five. Five-year ROI measures 199.67% and total cumulative return in cash reaches $106,631. For financing, Ziffy Mortgage’s DSCR program evaluates $1,853/mo property income against a $789/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
6,095 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46580, Warsaw, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,714 (100%) |
| Owner Occupied HU | 6,549 (67.4%) |
| Renter Occupied HU | 2,447 (25.2%) |
| Vacant Housing Units | 718 ( 7.4%) |
| Median Home Value | $243,970 |
| Average Home Value | $287,875 |
Housing Distribution
Address Breakdown
Residential
9,284
Single Family
8,743
Multi-Family
541
Businesses
844
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