540 W Hastings StMontgomeryIN47558
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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 Montgomery at 540 W Hastings St, Montgomery, IN, 47558 offers a 6.69% rental yield on a $275,000 purchase with $1,534/mo rent. 37% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 94.39% and total cumulative return in cash at $86,051. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,534/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47558, Montgomery, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,507 (100%) |
| Owner Occupied HU | 1,253 (83.1%) |
| Renter Occupied HU | 199 (13.2%) |
| Vacant Housing Units | 55 ( 3.6%) |
| Median Home Value | $302,241 |
| Average Home Value | $338,426 |
Housing Distribution
Address Breakdown
Residential
1,473
Single Family
1,473
Multi-Family
0
Businesses
112
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Listed by: Delmar W Wagler • Integrity Realty Group LLC
Mls Name: IRMLS
Mls ID: #202602981