17030 Hand RdHuntertownIN46748
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who value predictability will appreciate 17030 Hand Rd, Huntertown, IN, 46748 in Huntertown. At $537,500 it earns $3,505/mo in rent and distributes $279/mo to the owner after the $2,417/mo payment, a consistent 7.83% yield. DSCR 1.45 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $148,501 in value; $4,950/yr in principal paydown compounds ownership stake. Total projected return: $221,333.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.0% |
| Monthly Cash Flow | $279 | $800 |
City averages based on Huntertown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,505 |
| Total Monthly Debt Service | $3,013 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2016
3.50 Acres 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
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
Single Family
Built in 2016
3.50 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jody M Bartkus • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524094
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.