708 E 2nd St, Huntingburg, IN, 47542 | $542/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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708 E 2nd St, Huntingburg, IN, 47542 | $542/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Huntingburg at 708 E 2nd St, Huntingburg, IN, 47542 offers a 10.46% rental yield on a $199,900 purchase with $1,742/mo rent. Total monthly income registers $1,742/mo, and a $978/mo payment leaves $542/mo available for distribution. Annual cash flow reaches $6,509/yr on $66,267 to close, and return on cash invested stands at 29.73% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 155.3% and total cumulative return in cash at $102,913. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,742/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1937

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully remodeled 4-bedroom, 2-bathroom home in Huntingburg! Recently updated from top to bottom, this move-in-ready property offers peace of mind with numerous new features and modern finishes. The home boasts a brand-new sewer line, roof with decking, guttering with leaf guard, windows, updated wiring and plumbing, a new water heater, gas furnace, and central air conditioning. Inside, the kitchen has been completely refreshed with new cabinets, countertops, lighting, and included appliancesstove, refrigerator, and dishwasher. Throughout the home youll find fresh paint, new carpet and linoleum flooring creating a clean and welcoming atmosphere. Outside, the property features convenient off-street parking, a storage shed, and even a swing set for outdoor enjoyment. The enclosed front porch offers a cozy spot to relax or use as additional storage space. Downstairs, the unfinished basement houses the HVAC system, hot water heater, and electrical panel, while also providing plenty of room for storage. Whether youre searching for your next primary residence or an income-producing single-family rental, this home is fully updated, move-in ready, and waiting for its new owner. A recent appraisal has been completed, ensuring the price is fair and reasonable. Nice homes in this area aren't plentiful, schedule your showing before its gone!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47542, Huntingburg, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,220 (100%)
Owner Occupied HU	2,943 (69.7%)
Renter Occupied HU	1,039 (24.6%)
Vacant Housing Units	238 ( 5.6%)
Median Home Value	$219,462
Average Home Value	$269,048