735 Wilkerson StHuntingtonIN46750
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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
Rental property for sale in Huntington at 735 Wilkerson St, Huntington, IN, 46750 priced at $120,000 converts $959/mo rent into $239/mo cash flow after a $587/mo obligation. Total monthly income equals $959/mo, and annual cash flow totals $2,864/yr on $39,780 invested. Return on cash invested prints 27.11% in year one, and rental yield reads 9.59% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 141.22% and total cumulative return in cash sums $56,179. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $959/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1898
3,920 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,283
Single Family
10,865
Multi-Family
418
Businesses
842
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Listed by: Tamera Selig • Century 21 The Property Shoppe
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513851
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.