3741 Thorn Rd, Walkerton, IN, 46574 | $442/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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3741 Thorn Rd, Walkerton, IN, 46574 | $442/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Walkerton at 3741 Thorn Rd, Walkerton, IN, 46574 generates $1,156/mo in rent and, after a $582/mo payment, leaves $442/mo in cash flow. Total monthly income is $1,156/mo, and annual cash flow is $5,305/yr on $39,449 invested. Return on cash invested sits at 33.36% in year one, and rental yield is 11.66% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 174.83% and total cumulative return in cash sums $68,969. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,156/mo property income rather than buyer’s personal income.

Single Family

Built in 1970

4.56 Acres lot

$N/A/sqft

No HOA

More details about the property

Escape to the country with this beautiful 4.5-acre property featuring mature woods and a peaceful pond. This scenic setting offers the perfect opportunity to build your dream home, enjoy outdoor recreation, or create a private retreat surrounded by nature. With plenty of space and natural beauty, this property provides endless potential. A rare find for anyone seeking privacy, tranquility, and room to grow.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46574, Walkerton, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,889 (100%)
Owner Occupied HU	2,691 (69.2%)
Renter Occupied HU	536 (13.8%)
Vacant Housing Units	662 (17.0%)
Median Home Value	$220,317
Average Home Value	$284,965