11045 E Iroquois Rd, Walkerton, IN, 46574 | $427/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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11045 E Iroquois Rd, Walkerton, IN, 46574 | $427/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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 Walkerton at 11045 E Iroquois Rd, Walkerton, IN, 46574 offers a 10.22% rental yield on a $169,900 purchase with $1,447/mo rent. Total monthly income registers $1,447/mo, and a $832/mo payment leaves $427/mo available for distribution. Annual cash flow reaches $5,120/yr on $56,322 to close, and return on cash invested stands at 29% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 151.36% and total cumulative return in cash at $85,250. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,447/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1998

0.37 Acres lot

$N/A/sqft

No HOA

More details about the property

WELCOME HOME! BRING YOUR SPECIAL TOUCH TO THIS MANUFACTURED HOME SITUATED CLOSE TO BASS LAKE. THIS 3 BEDROOM 2 BATH HOME FEATURES A MASTER ENSUITE. A DINING AREA WITH A FIREPLACE, AND A NICE SIZE. TO ENTERTAIN IN. RELAX ON THE BACK DECK AND ENJOY THE VIEW OF BASS LAKE.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46574, Walkerton, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,889 (100%)
Owner Occupied HU	2,691 (69.2%)
Renter Occupied HU	536 (13.8%)
Vacant Housing Units	662 (17.0%)
Median Home Value	$220,317
Average Home Value	$284,965