658 Skillet AveHuntertownIN46748
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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 Huntertown at 658 Skillet Ave, Huntertown, IN, 46748 earns from $2,279/mo rent with a $3,230/mo payment. Total monthly income totals $2,279/mo. ROI tracks 10.76% on current figures, and rental yield reads 4.14% at a $659,900 purchase. Equity gained on principal adds $4,258/yr, and 5% annual appreciation supports $182,318 over five years. Five-year ROI reaches 53.51% and total cumulative return in cash sums $116,174. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,279/mo property income instead of your personal income.
Single Family
Built in 2023
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46748, Huntertown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,905 (100%) |
| Owner Occupied HU | 2,603 (89.6%) |
| Renter Occupied HU | 198 ( 6.8%) |
| Vacant Housing Units | 104 ( 3.6%) |
| Median Home Value | $322,925 |
| Average Home Value | $378,703 |
Housing Distribution
Address Breakdown
Residential
2,844
Single Family
2,844
Multi-Family
0
Businesses
168
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Nearby investment properties with comparable prices
Listed by: Mark Swift • Encore Sotheby's International Realty
Mls Name: IRMLS
Mls ID: #202530956