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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Woodburn at Rubywood 1 Plan, Ashlar Pointe, Woodburn, IN, 46797 priced at $340,000 pairs $1,380/mo rent with after a $1,664/mo payment. Total monthly income equals $1,380/mo. Return on cash invested is 12.87% in year one, and rental yield stands at 4.87% on a $340,000 basis. Equity gained on principal adds $2,194/yr, and 5% annual appreciation accumulates to $93,936 by year five. Five-year ROI measures 64.9% and total cumulative return in cash reaches $73,146. For financing, Ziffy Mortgage’s DSCR program evaluates $1,380/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46797, Woodburn, IN area.
| 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 |
Residential
1,327
Single Family
1,295
Multi-Family
32
Businesses
78
Date | Event | Price |
|---|---|---|
| 2025-02-19 | Price change | $340,000 |
| 2024-12-11 | Listed for sale | $223,850 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Granite Ridge Builders
Mls Name: Granite Ridge Builders
Mls Provider:
Mls ID: #N/A
