310 9th St NELintonIN47441
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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 Linton at 310 9th St NE, Linton, IN, 47441 uses $45,880 cash to close to unlock $3,415/yr annual cash flow and $285/mo monthly cash flow. Total monthly income runs $1,115/mo, and a $677/mo payment keeps the spread at $285/mo. Purchase price stands at $138,400, and rental yield measures 9.67% with $1,115/mo rent. Return on cash invested shows 27.35% in year one, and 5% annual appreciation builds toward $38,237 over five years. Five-year ROI reaches 142.52% and total cumulative return in cash records $65,388. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,115/mo property income covering a $677/mo payment rather than investor’s personal income.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,937
Single Family
3,739
Multi-Family
198
Businesses
324
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