516 S 9th AveHaubstadtIN47639
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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 Haubstadt at 516 S 9th Ave, Haubstadt, IN, 47639 listed at $249,888 pairs $1,980/mo rent with a $1,223/mo payment to leave $337/mo cash flow. Total monthly income runs $1,980/mo, and annual cash flow reaches $4,044/yr on $82,838 cash to close. Return on cash invested measures 24.79% in year one, and rental yield registers 9.51% at a $249,888 basis. Equity gained on principal adds $1,612/yr, and annual property appreciation at 5% supports $69,039 by year five. Five-year ROI tracks 129.58% and total cumulative return in cash totals $107,339. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,980/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2010
N/A lot
$N/A/sqft
$143 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47639, Haubstadt, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,911 (100%) |
| Owner Occupied HU | 1,580 (82.7%) |
| Renter Occupied HU | 242 (12.7%) |
| Vacant Housing Units | 89 ( 4.7%) |
| Median Home Value | $306,977 |
| Average Home Value | $319,881 |
Housing Distribution
Address Breakdown
Residential
1,804
Single Family
1,802
Multi-Family
2
Businesses
115
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Listed by: John P Czoer • FIRST CLASS REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510732
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.