209 W Savannah DrHuntingburgIN47542
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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 Huntingburg at 209 W Savannah Dr, Huntingburg, IN, 47542 offers a 10.35% rental yield on a $255,000 purchase with $2,200/mo rent. Total monthly income registers $2,200/mo, and a $1,248/mo payment leaves $669/mo available for distribution. Annual cash flow reaches $8,032/yr on $84,533 to close, and return on cash invested stands at 29.41% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 153.59% and total cumulative return in cash at $129,836. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,200/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47542, Huntingburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,220 (100%) |
| Owner Occupied HU | 2,943 (69.7%) |
| Renter Occupied HU | 1,039 (24.6%) |
| Vacant Housing Units | 238 ( 5.6%) |
| Median Home Value | $219,462 |
| Average Home Value | $269,048 |
Housing Distribution
Address Breakdown
Residential
4,197
Single Family
4,112
Multi-Family
85
Businesses
318
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Listed by: Kara Hinshaw • Key Associates Signature Realty
Mls Name: IRMLS
Mls ID: #202601764