803 Larkwillow CtHuntertownIN46748
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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 Huntertown at 803 Larkwillow Ct, Huntertown, IN, 46748 priced at $240,000 converts $1,938/mo rent into $480/mo cash flow after a $1,175/mo obligation. Total monthly income equals $1,938/mo, and annual cash flow totals $5,760/yr on $79,560 invested. Return on cash invested prints 27.15% in year one, and rental yield reads 9.69% against a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,308 by year five. Five-year ROI reaches 141.51% and total cumulative return in cash sums $112,586. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,938/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Single Family
Built in 2004
0.25 Acres lot
$N/A/sqft
$204 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46748, Huntertown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,905 (100%) |
| Owner Occupied HU | 2,603 (89.6%) |
| Renter Occupied HU | 198 ( 6.8%) |
| Vacant Housing Units | 104 ( 3.6%) |
| Median Home Value | $322,925 |
| Average Home Value | $378,703 |
Housing Distribution
Address Breakdown
Residential
2,844
Single Family
2,844
Multi-Family
0
Businesses
168
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Listed by: Mandy Kratzer • RE/MAX Results
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524895
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.