416 4th StHoweIN46746
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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
Rental property for sale in Howe at 416 4th St, Howe, IN, 46746 priced at $167,000 pairs $1,280/mo rent with $278/mo cash flow after a $817/mo payment. Total monthly income equals $1,280/mo, and annual cash flow comes to $3,335/yr on $55,361 invested. Return on cash invested is 25.93% in year one, and rental yield stands at 9.2% on a $167,000 basis. Equity gained on principal adds $1,078/yr, and 5% annual appreciation accumulates to $46,139 by year five. Five-year ROI measures 134.9% and total cumulative return in cash reaches $74,679. For financing, Ziffy Mortgage’s DSCR program evaluates $1,280/mo property income against a $817/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1850
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46746, Howe, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,869 (100%) |
| Owner Occupied HU | 1,409 (75.4%) |
| Renter Occupied HU | 257 (13.8%) |
| Vacant Housing Units | 203 (10.9%) |
| Median Home Value | $251,763 |
| Average Home Value | $306,789 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,424
Multi-Family
0
Businesses
92
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Listed by: Derek Pearson • Perfect Location Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438338
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.