13603 W 230 NLintonIN47441
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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 13603 W 230 N, Linton, IN, 47441 generates $1,579/mo in rent and, after a $864/mo payment, leaves $496/mo in cash flow. Total monthly income is $1,579/mo, and annual cash flow is $5,950/yr on $58,510 invested. Return on cash invested sits at 30.08% in year one, and rental yield is 10.74% on a $176,500 entry. Equity gained on principal adds $1,139/yr, while 5% annual appreciation builds toward $48,764 over five years. Five-year ROI reaches 157.3% and total cumulative return in cash sums $92,038. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,579/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
1 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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