Hepburn: Build On Your Lot Plan, Stonehill Homes Warsaw: Build On Your LotWarsawIN46582
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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 Hepburn: Build On Your Lot Plan, Stonehill Homes Warsaw: Build On Your Lot, Warsaw, IN, 46582 priced at $332,500 converts $2,228/mo rent into $232/mo cash flow after a $1,627/mo obligation. Total monthly income equals $2,228/mo, and annual cash flow totals $2,790/yr on $110,224 invested. Return on cash invested prints 22.44% in year one, and rental yield reads 8.04% against a $332,500 entry. Equity gained on principal adds $2,146/yr, while 5% annual appreciation compiles into $91,864 by year five. Five-year ROI reaches 116.19% and total cumulative return in cash sums $128,068. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,228/mo property income covering a $1,627/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46582, Warsaw, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,794 (100%) |
| Owner Occupied HU | 4,198 (61.8%) |
| Renter Occupied HU | 1,613 (23.7%) |
| Vacant Housing Units | 983 (14.5%) |
| Median Home Value | $285,026 |
| Average Home Value | $321,998 |
Housing Distribution
Address Breakdown
Residential
6,364
Single Family
5,923
Multi-Family
441
Businesses
279
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