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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 Huntington at 1240 Lucas Ct, Huntington, IN, 46750 generates $1,920/mo in rent, after a $1,737/mo payment. Total monthly income is $1,920/mo. Return on cash invested sits at 17.7% in year one, and rental yield is 6.49% on a $354,900 entry. Equity gained on principal adds $2,290/yr, while 5% annual appreciation builds toward $98,052 over five years. Five-year ROI reaches 90.79% and total cumulative return in cash sums $106,816. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.49 Acres lot
$N/A/sqft
$75 annually HOA
Neighborhood data shown for ZIP Code: 46750, Huntington, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,943 (100%) |
| Owner Occupied HU | 8,168 (68.4%) |
| Renter Occupied HU | 2,783 (23.3%) |
| Vacant Housing Units | 992 ( 8.3%) |
| Median Home Value | $178,100 |
| Average Home Value | $231,209 |
Residential
11,283
Single Family
10,865
Multi-Family
418
Businesses
842
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Listed for sale | $354,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Eric j Kovalak • Copper Bay Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510212
Disclaimer: 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.
