201 Walnut St, Advance, IN, 46102 | Equity Gain $1,193/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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201 Walnut St, Advance, IN, 46102 | Equity Gain $1,193/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Advance at 201 Walnut St, Advance, IN, 46102 with 5% annual appreciation on a $184,900 basis while $0/mo rent supports operations. 82% in year one. Equity gained on principal adds $1,193/yr, and five-year appreciation sums $51,084 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Manufactured

Built in 2017

0.45 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this charming 2 bedroom, 2 bath property sitting on almost half an acre (.45) right in the heart of town. Perfectly blending small-town living with modern touches, this home offers comfort and character. Step inside to find a spacious living room filled with natural light-ideal for cozy evenings at home or entertaining friends and family. The updated kitchen features white cabinets, stylish butcher block countertops, and comes fully equipped with all appliances (including washer and dryer). Just off the main living space, you'll find a versatile bonus room that can serve as a home office, playroom, or hobby area, giving you flexibility to fit your lifestyle. The generously sized main bedroom offers a peaceful retreat, complete with its own private full bath and storage options. A second bedroom and additional full bath ensure plenty of room for family or guests. Outside, the charm continues with mature trees that provide shade and a sense of privacy. The large, covered porch is the perfect spot for morning coffee or winding down at the end of the day. Pet owners will love the thoughtful touches like a built-in doggie door, with the option to include a kennel as well. With its combination of updates, character, and a spacious lot in a welcoming small-town setting, this move-in ready home is just waiting for its new owners to make it their own.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46102, Advance, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	23 (100%)
Owner Occupied HU	16 (69.6%)
Renter Occupied HU	7 (30.4%)
Vacant Housing Units	0
Median Home Value	$275,000
Average Home Value	$472,344