5982 S State Road 162HuntingburgIN47542
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Huntingburg at 5982 S State Road 162, Huntingburg, IN, 47542 offers a 9.66% rental yield on a $259,000 purchase with $2,084/mo rent. Total monthly income registers $2,084/mo, and a $1,268/mo payment leaves $529/mo available for distribution. Annual cash flow reaches $6,347/yr on $85,859 to close, and return on cash invested stands at 27.3% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 142.23% and total cumulative return in cash at $122,116. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,084/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47542, Huntingburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,220 (100%) |
| Owner Occupied HU | 2,943 (69.7%) |
| Renter Occupied HU | 1,039 (24.6%) |
| Vacant Housing Units | 238 ( 5.6%) |
| Median Home Value | $219,462 |
| Average Home Value | $269,048 |
Housing Distribution
Address Breakdown
Residential
4,197
Single Family
4,112
Multi-Family
85
Businesses
318
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marissa L Goodness • RE/MAX Local
Mls Name: IRMLS
Mls ID: #202537654