2234 Walnut Fork DrWhitestownIN46075
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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
Rental property for sale in Whitestown at 2234 Walnut Fork Dr, Whitestown, IN, 46075 generates $2,399/mo in rent and, after a $1,806/mo payment, leaves $184/mo in cash flow. Total monthly income is $2,399/mo, and annual cash flow is $2,210/yr on $122,290 invested. Return on cash invested sits at 21.72% in year one, and rental yield is 7.8% on a $368,900 entry. Equity gained on principal adds $2,380/yr, while 5% annual appreciation builds toward $101,920 over five years. Five-year ROI reaches 112.32% and total cumulative return in cash sums $137,360. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,399/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46075, Whitestown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,145 (100%) |
| Owner Occupied HU | 4,055 (78.8%) |
| Renter Occupied HU | 817 (15.9%) |
| Vacant Housing Units | 273 ( 5.3%) |
| Median Home Value | $337,077 |
| Average Home Value | $439,138 |
Housing Distribution
Address Breakdown
Residential
4,960
Single Family
4,549
Multi-Family
411
Businesses
251
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Listed by: Jenny Lauck • Lauck Real Estate Sevices, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22037570