338 W Huntington StMontpelierIN47359
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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 Montpelier at 338 W Huntington St, Montpelier, IN, 47359 with 5% annual appreciation on a $135,000 basis while $1,322/mo rent supports operations. Total monthly income totals $1,322/mo and a $661/mo payment preserves $511/mo for cash returns. Annual cash flow comes to $6,136/yr on $44,753 deployed, and return on cash invested reaches 33.62% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 11.75%. Five-year ROI measures 176.2% and total cumulative return in cash totals $78,853.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,322/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
8,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47359, Montpelier, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,259 (100%) |
| Owner Occupied HU | 822 (65.3%) |
| Renter Occupied HU | 262 (20.8%) |
| Vacant Housing Units | 175 (13.9%) |
| Median Home Value | $129,487 |
| Average Home Value | $187,089 |
Housing Distribution
Address Breakdown
Residential
1,194
Single Family
1,194
Multi-Family
0
Businesses
86
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