200 N Mohee DrHartford CityIN47348
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
Rental property for sale in Hartford City at 200 N Mohee Dr, Hartford City, IN, 47348 priced at $235,000 converts $1,366/mo rent into after a $1,150/mo obligation. Total monthly income equals $1,366/mo. Return on cash invested prints 19.22% in year one, and rental yield reads 6.98% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 98.96% and total cumulative return in cash sums $77,092. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,366/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 1984
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47348, Hartford City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,529 (100%) |
| Owner Occupied HU | 2,979 (65.8%) |
| Renter Occupied HU | 1,023 (22.6%) |
| Vacant Housing Units | 527 (11.6%) |
| Median Home Value | $107,731 |
| Average Home Value | $137,774 |
Housing Distribution
Address Breakdown
Residential
4,189
Single Family
4,089
Multi-Family
100
Businesses
294
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Alexander • F.C. Tucker Realty Center
Mls Name: IRMLS
Mls ID: #202547639