526 E Horton StBlufftonIN46714
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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
Rental property for sale in Bluffton at 526 E Horton St, Bluffton, IN, 46714 priced at $205,000 converts $1,613/mo rent into $383/mo cash flow after a $1,003/mo obligation. Total monthly income equals $1,613/mo, and annual cash flow totals $4,593/yr on $67,958 invested. Return on cash invested prints 26.67% in year one, and rental yield reads 9.44% against a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation compiles into $56,638 by year five. Five-year ROI reaches 138.84% and total cumulative return in cash sums $94,350. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,613/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Single Family
Built in 1978
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46714, Bluffton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,868 (100%) |
| Owner Occupied HU | 4,405 (64.1%) |
| Renter Occupied HU | 1,952 (28.4%) |
| Vacant Housing Units | 511 ( 7.4%) |
| Median Home Value | $192,431 |
| Average Home Value | $229,887 |
Housing Distribution
Address Breakdown
Residential
6,622
Single Family
6,327
Multi-Family
295
Businesses
576
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Listed by: Jody M Holloway • Coldwell Banker Holloway
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512813
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.