407 Elm StHuntingburgIN47542
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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 Huntingburg at 407 Elm St, Huntingburg, IN, 47542 earns $272/mo cash flow from $986/mo rent with a $582/mo payment. Total monthly income totals $986/mo, and annual cash flow totals $3,265/yr on $39,449 capital. ROI tracks 28.19% on current figures, and rental yield reads 9.94% at a $119,000 purchase. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 over five years. Five-year ROI reaches 147.09% and total cumulative return in cash sums $58,025. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $986/mo property income instead of your personal income.
Single Family
Built in 1994
7,840 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
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Listed by: Kevin R Bayer • RE/MAX Local
Mls Name: IRMLS
Mls ID: #202602749