509 N Main 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 509 N Main St, Linton, IN, 47441 earns $892/mo cash flow from $2,165/mo rent with a $1,038/mo payment. Total monthly income totals $2,165/mo, and annual cash flow totals $10,704/yr on $70,278 capital. ROI tracks 35.14% on current figures, and rental yield reads 12.25% at a $212,000 purchase. Equity gained on principal adds $1,368/yr, and 5% annual appreciation supports $58,572 over five years. Five-year ROI reaches 184.34% and total cumulative return in cash sums $129,547. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,165/mo property income instead of your personal income.
Single Family
Built in 1900
8,276 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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Listed by: Kevin Wade • Century 21 Classic Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202434146
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.