503 Court StHuntingtonIN46750
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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 Huntington at 503 Court St, Huntington, IN, 46750 listed at $169,995 pairs $1,651/mo rent with a $832/mo payment to leave $631/mo cash flow. Total monthly income runs $1,651/mo, and annual cash flow reaches $7,567/yr on $56,353 cash to close. Return on cash invested measures 33.34% in year one, and rental yield registers 11.65% at a $169,995 basis. Equity gained on principal adds $1,097/yr, and annual property appreciation at 5% supports $46,966 by year five. Five-year ROI tracks 174.65% and total cumulative return in cash totals $98,420. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,651/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1886
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46750, Huntington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,943 (100%) |
| Owner Occupied HU | 8,168 (68.4%) |
| Renter Occupied HU | 2,783 (23.3%) |
| Vacant Housing Units | 992 ( 8.3%) |
| Median Home Value | $178,100 |
| Average Home Value | $231,209 |
Housing Distribution
Address Breakdown
Residential
11,283
Single Family
10,865
Multi-Family
418
Businesses
842
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Listed by: Raylene Webb • eXp Realty, LLC
Mls Name: IRMLS
Mls ID: #202545660