404 N Gretchen StWaltonIN46994
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
Investment Highlights
Rental property for sale in Walton at 404 N Gretchen St, Walton, IN, 46994 offers $1,306/mo rent that, after a $729/mo payment, leaves $412/mo cash flow. Total monthly income is $1,306/mo, and annual cash flow is $4,944/yr on $49,360 cash. Return on cash invested measures 29.92% in year one, and rental yield stands at 10.53% at a $148,900 entry. Equity gained on principal adds $961/yr while 5% annual appreciation compounds into $41,138 by year five. Five-year ROI records 156.31% and total cumulative return in cash reaches $77,157. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,306/mo property income versus a $729/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
8,712 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
602
Single Family
602
Multi-Family
0
Businesses
53
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