216 S Lafontaine StHuntingtonIN46750
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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 Huntington at 216 S Lafontaine St, Huntington, IN, 46750 with 5% annual appreciation on a $125,000 basis while $1,108/mo rent supports operations. Total monthly income totals $1,108/mo and a $612/mo payment preserves $357/mo for cash returns. Annual cash flow comes to $4,290/yr on $41,438 deployed, and return on cash invested reaches 30.26% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 10.64%. Five-year ROI measures 158.16% and total cumulative return in cash totals $65,537.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,108/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1825
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46750, Huntington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,943 (100%) |
| Owner Occupied HU | 8,168 (68.4%) |
| Renter Occupied HU | 2,783 (23.3%) |
| Vacant Housing Units | 992 ( 8.3%) |
| Median Home Value | $178,100 |
| Average Home Value | $231,209 |
Housing Distribution
Address Breakdown
Residential
11,283
Single Family
10,865
Multi-Family
418
Businesses
842
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Listed by: Daniss Warner • Uptown Realty Group
Mls Name: IRMLS
Mls ID: #202526368