603 Whitelock StHuntingtonIN46750
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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 Huntington at 603 Whitelock St, Huntington, IN, 46750 priced at $139,900 converts $1,110/mo rent into $270/mo cash flow after a $685/mo obligation. Total monthly income equals $1,110/mo, and annual cash flow totals $3,239/yr on $46,377 invested. Return on cash invested prints 26.89% in year one, and rental yield reads 9.52% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 140.07% and total cumulative return in cash sums $64,959. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,110/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1900
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46750, Huntington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,943 (100%) |
| Owner Occupied HU | 8,168 (68.4%) |
| Renter Occupied HU | 2,783 (23.3%) |
| Vacant Housing Units | 992 ( 8.3%) |
| Median Home Value | $178,100 |
| Average Home Value | $231,209 |
Housing Distribution
Address Breakdown
Residential
11,283
Single Family
10,865
Multi-Family
418
Businesses
842
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Listed by: Mandy Kratzer • RE/MAX Results
Mls Name: IRMLS
Mls ID: #202544286