16120 Gemma PassHuntertownIN46748
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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 16120 Gemma Pass, Huntertown, IN, 46748 listed at $724,900 pairs $2,279/mo rent with a $3,548/mo payment. Total monthly income runs $2,279/mo. Return on cash invested measures 9.24% in year one, and rental yield registers 3.77% at a $724,900 basis. Equity gained on principal adds $4,678/yr, and annual property appreciation at 5% supports $200,277 by year five. Five-year ROI tracks 45.49% and total cumulative return in cash totals $108,501. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,279/mo property income relative to a $3,548/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2011
0.33 Acres lot
$N/A/sqft
$940 annually 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: A.J. Sheehe • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202531079
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.