403 N Walnut St, Walton, IN, 46994 | $529/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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403 N Walnut St, Walton, IN, 46994 | $529/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

Investment property for sale in Walton at 403 N Walnut St, Walton, IN, 46994 earns $529/mo cash flow from $1,429/mo rent with a $734/mo payment. Total monthly income totals $1,429/mo, and annual cash flow totals $6,345/yr on $49,725 capital. ROI tracks 32.67% on current figures, and rental yield reads 11.43% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 171.04% and total cumulative return in cash sums $85,050. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,429/mo property income instead of your personal income.

Single Family

Built in 1900

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming Updated Home in Walton! This delightful 2-bedroom, 1-bathroom home blends old charm with modern updates. Featuring new flooring, fresh paint, and an open living-dining-kitchen layout, this 1,194 sqft gem includes a 7x5 pantry, a large bathroom-utility-laundry area. Home was gutted and all major expense items, including the roof, furnace, central air, plumbing, drywall and electrical, have been updated within the last 10 years. Additionally, theres a space at the front of the home that can serve as an office or even a bedroom space. The fenced-in backyard is perfect for pets and outdoor enjoyment. Please note that the current electric freestanding range and refrigerator are not included, but the seller will replace them for the new owner.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46994, Walton, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,067 (100%)
Owner Occupied HU	781 (73.2%)
Renter Occupied HU	207 (19.4%)
Vacant Housing Units	79 ( 7.4%)
Median Home Value	$195,975
Average Home Value	$216,898