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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% |
Investment property for sale in Walkerton at 1461 Queen Rd, Walkerton, IN, 46574 listed at $260,000 pairs $1,770/mo rent with a $1,273/mo payment to leave $209/mo cash flow. Total monthly income runs $1,770/mo, and annual cash flow reaches $2,506/yr on $86,190 cash to close. Return on cash invested measures 22.82% in year one, and rental yield registers 8.17% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 118.18% and total cumulative return in cash totals $101,861. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,770/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
6.90 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46574, Walkerton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,889 (100%) |
| Owner Occupied HU | 2,691 (69.2%) |
| Renter Occupied HU | 536 (13.8%) |
| Vacant Housing Units | 662 (17.0%) |
| Median Home Value | $220,317 |
| Average Home Value | $284,965 |
Residential
3,611
Single Family
3,611
Multi-Family
0
Businesses
163
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michele Vanlue • COLLINS and CO REALTORS - PLYMOUTH
Mls Name: IRMLS
Mls ID: #202545330
