6601 N Clear Creek RdHuntingtonIN46750
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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 Huntington at 6601 N Clear Creek Rd, Huntington, IN, 46750 uses $127,628 cash to close to unlock $10,851/yr annual cash flow and $904/mo monthly cash flow. Total monthly income runs $3,215/mo, and a $1,884/mo payment keeps the spread at $904/mo. Purchase price stands at $385,000, and rental yield measures 10.02% with $3,215/mo rent. Return on cash invested shows 28.41% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 148.22% and total cumulative return in cash records $189,166. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,215/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 2002
3 Acres 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: Keri Garwick • American Dream Team Real Estate Brokers
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437633
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.