603 Carol DrWaltonIN46994
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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 Walton at 603 Carol Dr, Walton, IN, 46994 listed at $169,900 pairs $1,322/mo rent with a $832/mo payment to leave $302/mo cash flow. Total monthly income runs $1,322/mo, and annual cash flow reaches $3,620/yr on $56,322 cash to close. Return on cash invested measures 26.34% in year one, and rental yield registers 9.34% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 137.09% and total cumulative return in cash totals $77,210. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,322/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46994, Walton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,067 (100%) |
| Owner Occupied HU | 781 (73.2%) |
| Renter Occupied HU | 207 (19.4%) |
| Vacant Housing Units | 79 ( 7.4%) |
| Median Home Value | $195,975 |
| Average Home Value | $216,898 |
Housing Distribution
Address Breakdown
Residential
602
Single Family
602
Multi-Family
0
Businesses
53
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Listed by: Suzy McKinley • McKinley Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524031
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.