320 N Walnut StHuntingburgIN47542
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 320 N Walnut St, Huntingburg, IN, 47542 in Huntingburg speaks for itself: 12.36% gross on a $180,000 price, generating $1,854/mo in rent and $773/mo in net income after the $809/mo debt service. DSCR 2.29, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,282 stacks alongside $49,731 in projected five-year appreciation and $1,658/yr in principal reduction. Projected total cumulative return: $117,943.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 8.0% |
| Monthly Cash Flow | $773 | $400 |
City averages based on Huntingburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,854 |
| Total Monthly Debt Service | $1,009 |
| DSCR Ratio | 1.84x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1910
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47542, Huntingburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,220 (100%) |
| Owner Occupied HU | 2,943 (69.7%) |
| Renter Occupied HU | 1,039 (24.6%) |
| Vacant Housing Units | 238 ( 5.6%) |
| Median Home Value | $219,462 |
| Average Home Value | $269,048 |
Housing Distribution
Address Breakdown
Residential
4,197
Single Family
4,112
Multi-Family
85
Businesses
318
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1910
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47542, Huntingburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,220 (100%) |
| Owner Occupied HU | 2,943 (69.7%) |
| Renter Occupied HU | 1,039 (24.6%) |
| Vacant Housing Units | 238 ( 5.6%) |
| Median Home Value | $219,462 |
| Average Home Value | $269,048 |
Housing Distribution
Address Breakdown
Residential
4,197
Single Family
4,112
Multi-Family
85
Businesses
318
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keasha Fromme • Carpenter Realty LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436357
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.