113 S Division St, Hamlet, IN, 46532 | $139/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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113 S Division St, Hamlet, IN, 46532 | $139/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 Hamlet at 113 S Division St, Hamlet, IN, 46532 at $164,900 posts ROI 22.97% with $139/mo cash flow from $1,129/mo rent. Total monthly income equals $1,129/mo, and annual cash flow records $1,671/yr on $54,664 to close. Return on cash invested measures 22.97% and rental yield reads 8.22% at the current $164,900. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 by year five. Five-year ROI prints 119.08% and total cumulative return in cash totals $65,092.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,129/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1941

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

BEAUTIFUL 1608SF RANCH IN HAMLET - Many new updates including newer roof, windows, HVAC and much more. Great room layout includes eat-in kitchen with appliances, formal dining room with hardwood flooring and large living room with fireplace and exposed wood beam cathedral ceiling. Exterior features excellent fenced corner lot with 30' X 40' detached pole barn garage with concrete, electric and opener along with concrete drive and patio. Fully landscaped with established lawn. Division St.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46532, Hamlet, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	792 (100%)
Owner Occupied HU	587 (74.1%)
Renter Occupied HU	146 (18.4%)
Vacant Housing Units	59 ( 7.4%)
Median Home Value	$163,750
Average Home Value	$201,116