15501 Grassy Willow DrHuntertownIN46748
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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
Investment property for sale in Huntertown at 15501 Grassy Willow Dr, Huntertown, IN, 46748 listed at $308,000 pairs $2,184/mo rent with a $1,508/mo payment to leave $335/mo cash flow. Total monthly income runs $2,184/mo, and annual cash flow reaches $4,016/yr on $102,102 cash to close. Return on cash invested measures 23.84% in year one, and rental yield registers 8.51% at a $308,000 basis. Equity gained on principal adds $1,987/yr, and annual property appreciation at 5% supports $85,095 by year five. Five-year ROI tracks 123.69% and total cumulative return in cash totals $126,292. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,184/mo property income relative to a $1,508/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
8,420 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46748, Huntertown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,905 (100%) |
| Owner Occupied HU | 2,603 (89.6%) |
| Renter Occupied HU | 198 ( 6.8%) |
| Vacant Housing Units | 104 ( 3.6%) |
| Median Home Value | $322,925 |
| Average Home Value | $378,703 |
Housing Distribution
Address Breakdown
Residential
2,844
Single Family
2,844
Multi-Family
0
Businesses
168
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Listed by: Denise Smothermon • North Eastern Group Realty
Mls Name: IRMLS
Mls ID: #202600067