1460 Hardin StFortvilleIN46040
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Fortville at 1460 Hardin St, Fortville, IN, 46040 uses $92,286 cash to close to unlock $1,181/yr annual cash flow and $98/mo monthly cash flow. Total monthly income runs $1,770/mo, and a $1,363/mo payment keeps the spread at $98/mo. Purchase price stands at $278,390, and rental yield measures 7.63% with $1,770/mo rent. Return on cash invested shows 21.19% in year one, and 5% annual appreciation builds toward $76,914 over five years. Five-year ROI reaches 109.48% and total cumulative return in cash records $101,035. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,770/mo property income covering a $1,363/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46040, Fortville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,759 (100%) |
| Owner Occupied HU | 5,701 (84.3%) |
| Renter Occupied HU | 808 (12.0%) |
| Vacant Housing Units | 250 ( 3.7%) |
| Median Home Value | $441,068 |
| Average Home Value | $493,644 |
Housing Distribution
Address Breakdown
Residential
6,553
Single Family
6,502
Multi-Family
51
Businesses
264
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
