103 Butternut CtHebronIN46341
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
Rental property for sale in Hebron at 103 Butternut Ct, Hebron, IN, 46341 priced at $289,000 pairs $1,992/mo rent with $216/mo cash flow after a $1,415/mo payment. Total monthly income equals $1,992/mo, and annual cash flow comes to $2,589/yr on $95,804 invested. Return on cash invested is 22.61% in year one, and rental yield stands at 8.27% on a $289,000 basis. Equity gained on principal adds $1,865/yr, and 5% annual appreciation accumulates to $79,845 by year five. Five-year ROI measures 117.29% and total cumulative return in cash reaches $112,370. For financing, Ziffy Mortgage’s DSCR program evaluates $1,992/mo property income against a $1,415/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
9,191 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46341, Hebron, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,266 (100%) |
| Owner Occupied HU | 3,527 (82.7%) |
| Renter Occupied HU | 584 (13.7%) |
| Vacant Housing Units | 155 ( 3.6%) |
| Median Home Value | $317,044 |
| Average Home Value | $336,961 |
Housing Distribution
Address Breakdown
Residential
3,973
Single Family
3,553
Multi-Family
420
Businesses
133
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Listed by: Edith Cothran • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #819590
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.