99 E Carter StWheatfieldIN46392
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
Investment Highlights
Investment property for sale in Wheatfield at 99 E Carter St, Wheatfield, IN, 46392 at $204,900 posts ROI 24.15% with $240/mo cash flow from $1,470/mo rent. Total monthly income equals $1,470/mo, and annual cash flow records $2,879/yr on $67,924 to close. Return on cash invested measures 24.15% and rental yield reads 8.61% at the current $204,900. Equity gained on principal adds $1,322/yr, and 5% annual appreciation supports $56,610 by year five. Five-year ROI prints 125.33% and total cumulative return in cash totals $85,126.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,470/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1991
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46392, Wheatfield, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,357 (100%) |
| Owner Occupied HU | 2,717 (80.9%) |
| Renter Occupied HU | 515 (15.3%) |
| Vacant Housing Units | 125 ( 3.7%) |
| Median Home Value | $247,317 |
| Average Home Value | $281,088 |
Housing Distribution
Address Breakdown
Residential
3,109
Single Family
3,109
Multi-Family
0
Businesses
85
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Listed by: Tracy VanderWall • RE/MAX Executives
Mls Name: NIRA
Mls ID: #831421