121 Woodland DrHartford CityIN47348
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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
Investment Highlights
Rental property for sale in Hartford City at 121 Woodland Dr, Hartford City, IN, 47348 offers $1,847/mo rent that, after a $1,093/mo payment, leaves $506/mo cash flow. Total monthly income is $1,847/mo, and annual cash flow is $6,077/yr on $74,057 cash. Return on cash invested measures 28.11% in year one, and rental yield stands at 9.92% at a $223,400 entry. Equity gained on principal adds $1,442/yr while 5% annual appreciation compounds into $61,721 by year five. Five-year ROI records 146.64% and total cumulative return in cash reaches $108,599. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,847/mo property income versus a $1,093/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47348, Hartford City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,529 (100%) |
| Owner Occupied HU | 2,979 (65.8%) |
| Renter Occupied HU | 1,023 (22.6%) |
| Vacant Housing Units | 527 (11.6%) |
| Median Home Value | $107,731 |
| Average Home Value | $137,774 |
Housing Distribution
Address Breakdown
Residential
4,189
Single Family
4,089
Multi-Family
100
Businesses
294
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Listed by: Erica Combs • RE/MAX Real Estate Solutions
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22056757
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-16 21:28:19 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)