14387 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 14387 W 230 N, Linton, IN, 47441 generates $1,435/mo in rent and, after a $1,013/mo payment, leaves $193/mo in cash flow. Total monthly income is $1,435/mo, and annual cash flow is $2,311/yr on $68,621 invested. Return on cash invested sits at 23.28% in year one, and rental yield is 8.32% on a $207,000 entry. Equity gained on principal adds $1,336/yr, while 5% annual appreciation builds toward $57,190 over five years. Five-year ROI reaches 120.68% and total cumulative return in cash sums $82,810. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,435/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
2.90 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: Sam Dyar • Dyar Real Estate Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202407097
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.