806 N Queen RdWalkertonIN46574
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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
Investment property for sale in Walkerton at 806 N Queen Rd, Walkerton, IN, 46574 uses $62,057 cash to close to unlock $7,854/yr annual cash flow and $655/mo monthly cash flow. Total monthly income runs $1,778/mo, and a $916/mo payment keeps the spread at $655/mo. Purchase price stands at $187,200, and rental yield measures 11.4% with $1,778/mo rent. Return on cash invested shows 32.57% in year one, and 5% annual appreciation builds toward $51,720 over five years. Five-year ROI reaches 170.49% and total cumulative return in cash records $105,801. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,778/mo property income covering a $916/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46574, Walkerton, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,611
Single Family
3,611
Multi-Family
0
Businesses
163
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