7532 E State Road 218WaltonIN46994
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Walton at 7532 E State Road 218, Walton, IN, 46994 generates $1,889/mo in rent, after a $1,566/mo payment. Total monthly income is $1,889/mo. Return on cash invested sits at 19.55% in year one, and rental yield is 7.09% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 100.71% and total cumulative return in cash sums $106,796. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,889/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
2.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46994, Walton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,067 (100%) |
| Owner Occupied HU | 781 (73.2%) |
| Renter Occupied HU | 207 (19.4%) |
| Vacant Housing Units | 79 ( 7.4%) |
| Median Home Value | $195,975 |
| Average Home Value | $216,898 |
Housing Distribution
Address Breakdown
Residential
602
Single Family
602
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katelyn Coppernoll • Tom Hayes Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508639
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.