








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $1,080/mo, and a $1,468/mo payment. Purchase price stands at $299,900, and rental yield measures 4.32% with $1,080/mo rent. Return on cash invested shows 11.21% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 55.97% and total cumulative return in cash records $55,648. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1912
2.49 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46787, South Whitley, IN area.
| 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 |
Residential
1,589
Single Family
1,589
Multi-Family
0
Businesses
83
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Tina Houser • The LT Group Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512923
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.