514 W McDonald StHartford CityIN47348
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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 Hartford City at 514 W McDonald St, Hartford City, IN, 47348 with 5% annual appreciation on a $114,900 basis while $869/mo rent supports operations. Total monthly income totals $869/mo and a $562/mo payment preserves $180/mo for cash returns. Annual cash flow comes to $2,156/yr on $38,089 deployed, and return on cash invested reaches 25.57% in year one. Equity gained on principal adds $741/yr, and five-year appreciation sums $31,745 alongside rental yield of 9.08%. Five-year ROI measures 132.96% and total cumulative return in cash totals $50,642.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $869/mo property income versus a $562/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47348, Hartford City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,529 (100%) |
| Owner Occupied HU | 2,979 (65.8%) |
| Renter Occupied HU | 1,023 (22.6%) |
| Vacant Housing Units | 527 (11.6%) |
| Median Home Value | $107,731 |
| Average Home Value | $137,774 |
Housing Distribution
Address Breakdown
Residential
4,189
Single Family
4,089
Multi-Family
100
Businesses
294
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Listed by: Rodney Rouch • Berkshire Hathaway Indiana Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524582
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.