Ashbrook Plan, Ashlar Pointe, Woodburn, IN, 46797 | 1.91% Rental Yield

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Ashbrook Plan, Ashlar Pointe, Woodburn, IN, 46797 | 1.91% Rental Yield | Ziffy

For Sale

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Woodburn at Ashbrook Plan, Ashlar Pointe, Woodburn, IN, 46797 offers a 1.91% rental yield on a $710,000 purchase with $1,132/mo rent. 98% in year one. Equity gained on principal adds $4,582/yr while 5% annual appreciation supports $196,160 over five years. Portfolio math shows five-year ROI at 17.17% and total cumulative return in cash at $40,103. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,132/mo property income against a $3,475/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Granite Ridge Builders presents the Ashbrook floor plan with 3377 sq ft of inviting space for your family to grow. The exterior of this home has beautiful curb appeal and craftsman style details including a large covered front porch with columns, exposed rafter tails, shed roof dormer, and partial shake siding. Enter the front door and enjoy the welcoming foyer with a formal dining room to the left and a flex room to the right that could be used as a home office space. The main level offers 9' ceilings, separate den & dining room, plus a u-shaped stairs with a landing and window seat. The kitchen is open yet private overlooking the great room. A rear covered porch is accessible from both the nook and the primary bedroom suite. Three bedrooms are located on the second level, each with a walk-in closet. The most unique room is this home is the children's retreat! The Ashbrook has 4 bedrooms, 3.5 baths and includes a 3 car garage plus a full unfinished basement.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46797, Woodburn, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,519 (100%)
Owner Occupied HU	1,218 (80.2%)
Renter Occupied HU	222 (14.6%)
Vacant Housing Units	79 ( 5.2%)
Median Home Value	$276,336
Average Home Value	$325,562