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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Walkerton at 7769 N Tippecanoe Dr, Walkerton, IN, 46574 generates $886/mo in rent and, after a $538/mo payment, leaves $226/mo in cash flow. Total monthly income is $886/mo, and annual cash flow is $2,713/yr on $36,465 invested. Return on cash invested sits at 27.35% in year one, and rental yield is 9.67% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 142.62% and total cumulative return in cash sums $52,008. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $886/mo property income rather than buyer’s personal income.
Single Family
Built in 1936
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46574, Walkerton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,889 (100%) |
| Owner Occupied HU | 2,691 (69.2%) |
| Renter Occupied HU | 536 (13.8%) |
| Vacant Housing Units | 662 (17.0%) |
| Median Home Value | $220,317 |
| Average Home Value | $284,965 |
Residential
3,611
Single Family
3,611
Multi-Family
0
Businesses
163
Date | Event | Price |
|---|---|---|
| 2025-05-14 | Listed for sale | $110,000 |
| 2025-04-11 | Listing removed | $105,000 |
| 2025-03-10 | Price change | $105,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-15 | $292.20 | 2893.85% | $83,400 | 9.02% |
| 2023-05-15 | $9.76 | N/A | $76,500 | 13.50% |
| 2022-05-15 | N/A | N/A | $67,400 | 19.72% |
Listed by: Lucas Herren • Coldwell Banker Real Estate Gr
Mls Name: NIRA
Mls Provider:
Mls ID: #820739
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.
