508 S Chestnut StHuntingburgIN47542
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.