12893-250 North RdLintonIN47441
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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 Linton at 12893-250 North Rd, Linton, IN, 47441 generates $1,020/mo in rent, after a $1,297/mo payment. Total monthly income is $1,020/mo. Return on cash invested sits at 12.11% in year one, and rental yield is 4.62% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 60.83% and total cumulative return in cash sums $53,439. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,020/mo property income rather than buyer’s personal income.
Single Family
Built in 1916
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47441, Linton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,152 (100%) |
| Owner Occupied HU | 2,723 (65.6%) |
| Renter Occupied HU | 1,042 (25.1%) |
| Vacant Housing Units | 387 ( 9.3%) |
| Median Home Value | $129,342 |
| Average Home Value | $176,239 |
Housing Distribution
Address Breakdown
Residential
3,937
Single Family
3,739
Multi-Family
198
Businesses
324
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Listed by: Angela Stevens • CK Realty Homes
Mls Name: IRMLS
Mls Provider:
Mls ID: #202433856
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.