7140 N Us Highway 24 E, Huntington, IN, 46750 | $328/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7140 N Us Highway 24 E, Huntington, IN, 46750 | $328/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

Rental property for sale in Huntington at 7140 N Us Highway 24 E, Huntington, IN, 46750 generates $1,528/mo in rent and, after a $978/mo payment, leaves $328/mo in cash flow. Total monthly income is $1,528/mo, and annual cash flow is $3,941/yr on $66,267 invested. Return on cash invested sits at 25.86% in year one, and rental yield is 9.17% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 134.51% and total cumulative return in cash sums $89,137. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,528/mo property income rather than buyer’s personal income.

Manufactured

Built in 1997

1.07 Acres lot

$N/A/sqft

No HOA

More details about the property

This charming and tastefully updated 3 bed, 2 bath manufactured home is clean, refreshed, and ready for its new owners! The exterior of both the home and the garage have been professionally power washed, and inside you will find fresh paint throughout, new laminate flooring, and an updated kitchen with all appliances including the washer and dryer remaining with the home. The split bedroom floor plan offers great privacy, with the spacious primary suite featuring a walk in closet and an ensuite bathroom complete with a soaking tub, double sink vanity, and a stand up shower. Sliding patio doors at the back of the home overlook the backyard and bring in great natural light. A standout feature is the massive 40 foot garage, offering an open, well lit workspace with excellent lighting, plus front and rear overhead doors for easy access. The home also includes a newer metal roof and a welcoming wrap around porch. Located directly on US 24, the property allows for quick commutes to Fort Wayne, Whitley County, or downtown Roanoke. This home offers immediate possession. Move in and make it yours today!

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