316 E Huntington StNorth WebsterIN46555
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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 North Webster at 316 E Huntington St, North Webster, IN, 46555 generates $1,960/mo in rent and, after a $1,077/mo payment, leaves $639/mo in cash flow. Total monthly income is $1,960/mo, and annual cash flow is $7,670/yr on $72,930 invested. Return on cash invested sits at 30.43% in year one, and rental yield is 10.69% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 159.06% and total cumulative return in cash sums $116,003. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,960/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46555, North Webster, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 994 (52.8%) |
| Renter Occupied HU | 233 (12.4%) |
| Vacant Housing Units | 654 (34.8%) |
| Median Home Value | $276,596 |
| Average Home Value | $332,050 |
Housing Distribution
Address Breakdown
Residential
1,155
Single Family
1,155
Multi-Family
0
Businesses
186
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Listed by: Tina Miller • RE/MAX Results-Goshen
Mls Name: IRMLS
Mls ID: #202535340