310 Woodland DrHartford CityIN47348
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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 Hartford City at 310 Woodland Dr, Hartford City, IN, 47348 offers a 10.29% rental yield on a $224,000 purchase with $1,921/mo rent. Total monthly income registers $1,921/mo, and a $1,096/mo payment leaves $563/mo available for distribution. Annual cash flow reaches $6,755/yr on $74,256 to close, and return on cash invested stands at 29.01% in year one. Equity gained on principal adds $1,445/yr while 5% annual appreciation supports $61,887 over five years. Portfolio math shows five-year ROI at 151.45% and total cumulative return in cash at $112,459. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,921/mo property income against a $1,096/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.42 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 47348, Hartford City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,529 (100%) |
| Owner Occupied HU | 2,979 (65.8%) |
| Renter Occupied HU | 1,023 (22.6%) |
| Vacant Housing Units | 527 (11.6%) |
| Median Home Value | $107,731 |
| Average Home Value | $137,774 |
Housing Distribution
Address Breakdown
Residential
4,189
Single Family
4,089
Multi-Family
100
Businesses
294
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-18 | Sold | $224,000 |
| 2025-05-12 | Pending sale | $220,000 |
| 2025-05-08 | Listed for sale | $220,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $2023.98 | 29.91% | $200,100 | -1.14% |
| 2023-10-20 | $1557.98 | 22.10% | $202,400 | 29.91% |
| 2022-10-20 | $1276.00 | N/A | $155,800 | 22.10% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1961
- Architectural Style: N/A
- Building Area: 3,010
- Living Area: 2,360 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Heat Pump
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Walk-In Closet(s), Entrance Foyer, Main Level Bedroom Suite, Formal Dining Room
- Exterior Features: N/A
- Parking Features: Attached, Garage Door Opener
Location
- City: Hartford City
- State: IN
- Subdivision: Hill Crest / Hillcrest
- Lot Size: 0.42 Acres
- Lot Features: Level, Few Trees, Landscaped
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Blackford
- Middle School: Blackford Jr/Sr
- High School: Blackford Jr/Sr
Listed by: Andy W Zoda • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516653
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.