238 Whitelock 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
Rental property for sale in Huntington at 238 Whitelock St, Huntington, IN, 46750 offers $877/mo rent that, after a $538/mo payment, leaves $217/mo cash flow. Total monthly income is $877/mo, and annual cash flow is $2,605/yr on $36,465 cash. Return on cash invested measures 27.05% in year one, and rental yield stands at 9.57% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 141.01% and total cumulative return in cash reaches $51,420. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $877/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
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: Amy Holtz • Century 21 Scheetz - Carmel
Mls Name: IRMLS
Mls ID: #202540811