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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Huntingburg at 508 S Chestnut St, Huntingburg, IN, 47542 at $199,000 posts ROI 24.62% with $259/mo cash flow from $1,620/mo rent. Total monthly income equals $1,620/mo, and annual cash flow records $3,105/yr on $65,969 to close. Return on cash invested measures 24.62% and rental yield reads 9.77% at the current $199,000. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 by year five. Five-year ROI prints 128.94% and total cumulative return in cash totals $85,062.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,620/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47542, Huntingburg, IN area.
| 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 |
Residential
4,197
Single Family
4,112
Multi-Family
85
Businesses
318
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Listed for sale | $199,000 |
| 2023-12-11 | Listing removed | $189,900 |
| 2023-10-11 | Price change | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $3651.60 | 10.96% | $166,000 | 1.97% |
| 2023-06-27 | $3290.94 | 14.58% | $162,800 | 14.97% |
| 2022-06-27 | $2872.20 | -0.36% | $141,600 | 17.02% |
Listed by: Larry Carpenter III • Carpenter Realty LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524554
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.
