489 NE 11th StLintonIN47441
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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 Linton at 489 NE 11th St, Linton, IN, 47441 earns $390/mo cash flow from $1,020/mo rent with a $514/mo payment. Total monthly income totals $1,020/mo, and annual cash flow totals $4,675/yr on $34,808 capital. ROI tracks 33.34% on current figures, and rental yield reads 11.66% at a $105,000 purchase. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 over five years. Five-year ROI reaches 174.69% and total cumulative return in cash sums $60,806. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,020/mo property income instead of your personal income.
Single Family
Built in 1880
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47441, Linton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,152 (100%) |
| Owner Occupied HU | 2,723 (65.6%) |
| Renter Occupied HU | 1,042 (25.1%) |
| Vacant Housing Units | 387 ( 9.3%) |
| Median Home Value | $129,342 |
| Average Home Value | $176,239 |
Housing Distribution
Address Breakdown
Residential
3,937
Single Family
3,739
Multi-Family
198
Businesses
324
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