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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Walkerton at 6785 N 800th Rd E, Walkerton, IN, 46574 generates $1,770/mo in rent, after a $2,594/mo payment. Total monthly income is $1,770/mo. Return on cash invested sits at 10.35% in year one, and rental yield is 4.01% on a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 51.29% and total cumulative return in cash sums $89,431. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,770/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46574, Walkerton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,889 (100%) |
| Owner Occupied HU | 2,691 (69.2%) |
| Renter Occupied HU | 536 (13.8%) |
| Vacant Housing Units | 662 (17.0%) |
| Median Home Value | $220,317 |
| Average Home Value | $284,965 |
Residential
3,611
Single Family
3,611
Multi-Family
0
Businesses
163
Date | Event | Price |
|---|---|---|
| 2025-01-14 | Sold | $530,000 |
| 2025-01-08 | Pending sale | $399,000 |
| 2024-08-28 | Listed for sale | $399,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Pull Down Stairs
Listed by: Carole Noble • KOONTZ LAKE REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202432959
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.
