7194 S Us Highway 231HuntingburgIN47542
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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 Huntingburg at 7194 S Us Highway 231, Huntingburg, IN, 47542 uses $110,058 cash to close to unlock $1,452/yr annual cash flow and $121/mo monthly cash flow. Total monthly income runs $2,114/mo, and a $1,625/mo payment keeps the spread at $121/mo. Purchase price stands at $332,000, and rental yield measures 7.64% with $2,114/mo rent. Return on cash invested shows 21.23% in year one, and 5% annual appreciation builds toward $91,725 over five years. Five-year ROI reaches 109.72% and total cumulative return in cash records $120,759. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,114/mo property income covering a $1,625/mo payment rather than investor’s personal income.
Single Family
Built in 1985
1.50 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,197
Single Family
4,112
Multi-Family
85
Businesses
318
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Listed by: Delmar D Bromm • RE/MAX Local
Mls Name: IRMLS
Mls Provider:
Mls ID: #202529532
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.