8 Turquoise DrHuntingtonIN46750
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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 8 Turquoise Dr, Huntington, IN, 46750 generates $1,285/mo in rent and, after a $807/mo payment, leaves $295/mo in cash flow. Total monthly income is $1,285/mo, and annual cash flow is $3,543/yr on $54,664 invested. Return on cash invested sits at 26.39% in year one, and rental yield is 9.35% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 137.45% and total cumulative return in cash sums $75,136. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,285/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
6,534 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: Atalie Honaker • The LT Group Real Estate
Mls Name: IRMLS
Mls ID: #202545986