8077 E State Road 4 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 8077 E State Road 4 Rd, Walkerton, IN, 46574 listed at $223,000 pairs $1,560/mo rent with a $1,091/mo payment to leave $222/mo cash flow. Total monthly income runs $1,560/mo, and annual cash flow reaches $2,662/yr on $73,925 cash to close. Return on cash invested measures 23.51% in year one, and rental yield registers 8.39% at a $223,000 basis. Equity gained on principal adds $1,439/yr, and annual property appreciation at 5% supports $61,611 by year five. Five-year ROI tracks 121.91% and total cumulative return in cash totals $90,125. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,560/mo property income relative to a $1,091/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1936
0.62 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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Listed by: Jeffrey D Foster • LPT Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523006
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.