709 N Walnut StHartford CityIN47348
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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 Hartford City at 709 N Walnut St, Hartford City, IN, 47348 uses $54,698 cash to close to unlock $2,581/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $1,206/mo, and a $808/mo payment keeps the spread at $215/mo. Purchase price stands at $165,000, and rental yield measures 8.77% with $1,206/mo rent. Return on cash invested shows 24.63% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 127.99% and total cumulative return in cash records $70,007. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,206/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1890
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47348, Hartford City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,529 (100%) |
| Owner Occupied HU | 2,979 (65.8%) |
| Renter Occupied HU | 1,023 (22.6%) |
| Vacant Housing Units | 527 (11.6%) |
| Median Home Value | $107,731 |
| Average Home Value | $137,774 |
Housing Distribution
Address Breakdown
Residential
4,189
Single Family
4,089
Multi-Family
100
Businesses
294
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Listed by: Tom Eastus • Nicholson Realty 2.0 LLC
Mls Name: IRMLS
Mls ID: #202539033