290 7th St NE, Linton, IN, 47441 | 6.31% Rental Yield

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290 7th St NE, Linton, IN, 47441 | 6.31% Rental Yield | 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 Linton at 290 7th St NE, Linton, IN, 47441 earns from $1,447/mo rent with a $1,346/mo payment. Total monthly income totals $1,447/mo. ROI tracks 17.23% on current figures, and rental yield reads 6.31% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 88.25% and total cumulative return in cash sums $80,447. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,447/mo property income instead of your personal income.

Single Family

Built in 1900

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

Check out this beautifully remodeled 4 bed 2 bath home. Downstairs features a dream kitchen with custom cabinets, quartz countertops, stainless steel appliances, and a bar perfect for entertaining. The open floor plan flows into a large living room dining room combo, plenty of room for a table and a couch. Master on the main! Downstairs bathroom including stand up shower. Bonus Sitting room off foyer. Upstairs features 3 bedrooms with a full bath and small sitting area. Partial basement. Outside find a wrap around deck leading to a peaceful front porch prefect for relaxing under the shade. Two car detached garage, basketball court and double lot.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47441, Linton, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,152 (100%)
Owner Occupied HU	2,723 (65.6%)
Renter Occupied HU	1,042 (25.1%)
Vacant Housing Units	387 ( 9.3%)
Median Home Value	$129,342
Average Home Value	$176,239