303 E Tipton 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 303 E Tipton St, Huntington, IN, 46750 uses $57,979 cash to close to unlock $6,854/yr annual cash flow and $571/mo monthly cash flow. Total monthly income runs $1,621/mo, and a $856/mo payment keeps the spread at $571/mo. Purchase price stands at $174,900, and rental yield measures 11.12% with $1,621/mo rent. Return on cash invested shows 31.73% in year one, and 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 166.05% and total cumulative return in cash records $96,276. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,621/mo property income covering a $856/mo payment rather than investor’s personal income.
Single Family
Built in 1900
2,657 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: Justin R Wall • Ness Bros. Realtors & Auctioneers
Mls Name: IRMLS
Mls ID: #202529148