614 Mayne StHuntingtonIN46750
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 614 Mayne St, Huntington, IN, 46750 in Huntington hard to pass up. The 10.8% gross yield on a $179,900 purchase results in $1,619/mo in rent and $539/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.00). Annual cash flow of $6,467, five-year appreciation of $49,703, and $1,657/yr in equity build-up combine for a projected total cumulative return of $102,778.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 5.0% |
| Monthly Cash Flow | $539 | $400 |
City averages based on Huntington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,619 |
| Total Monthly Debt Service | $1,008 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1939
6,098 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
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
Single Family
Built in 1939
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Bolton • Agency & Co. Real Estate
Mls Name: IRMLS
Mls ID: #202541296