Phoenixwood Plan, Ashlar Pointe, Woodburn, IN, 46797 | 4.54% Rental Yield

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Phoenixwood Plan, Ashlar Pointe, Woodburn, IN, 46797 | 4.54% 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

Rental property for sale in Woodburn at Phoenixwood Plan, Ashlar Pointe, Woodburn, IN, 46797 offers $1,380/mo rent that, after a $1,786/mo payment. Total monthly income is $1,380/mo. Return on cash invested measures 11.87% in year one, and rental yield stands at 4.54% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 59.5% and total cumulative return in cash reaches $71,995. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,380/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

The Phoenixwood is the newest plan in our line of modern homes. It is an open concept ranch floor plan with three bedrooms and two bathrooms. The kitchen opens to both the nook and great room and features custom cabinets, quartz countertops and sink as well as large walk-in pantry. The master suite has a private bath and spacious walk-in closet. The outdoor living in this home is spectacular with both a covered veranda and patio. Finally, the exterior has all the modern touches such as a shed roof, vertical windows in the garage door and unique windows and angles.

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