6050 N 160 WHoweIN46746
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 Howe at 6050 N 160 W, Howe, IN, 46746 listed at $355,000 pairs $1,206/mo rent with a $1,738/mo payment. Total monthly income runs $1,206/mo. Return on cash invested measures 10.47% in year one, and rental yield registers 4.08% at a $355,000 basis. Equity gained on principal adds $2,291/yr, and annual property appreciation at 5% supports $98,080 by year five. Five-year ROI tracks 52% and total cumulative return in cash totals $61,200. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,206/mo property income relative to a $1,738/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46746, Howe, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,869 (100%) |
| Owner Occupied HU | 1,409 (75.4%) |
| Renter Occupied HU | 257 (13.8%) |
| Vacant Housing Units | 203 (10.9%) |
| Median Home Value | $251,763 |
| Average Home Value | $306,789 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,424
Multi-Family
0
Businesses
92
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices