820 Hackberry CtFrankfortIN46041
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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 Frankfort at 820 Hackberry Ct, Frankfort, IN, 46041 priced at $452,900 converts $3,192/mo rent into $473/mo cash flow after a $2,217/mo obligation. Total monthly income equals $3,192/mo, and annual cash flow totals $5,676/yr on $150,136 invested. Return on cash invested prints 23.69% in year one, and rental yield reads 8.46% against a $452,900 entry. Equity gained on principal adds $2,922/yr, while 5% annual appreciation compiles into $125,128 by year five. Five-year ROI reaches 122.9% and total cumulative return in cash sums $184,516. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,192/mo property income covering a $2,217/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46041, Frankfort, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,792 (100%) |
| Owner Occupied HU | 6,307 (64.4%) |
| Renter Occupied HU | 2,766 (28.2%) |
| Vacant Housing Units | 719 ( 7.3%) |
| Median Home Value | $177,745 |
| Average Home Value | $249,421 |
Housing Distribution
Address Breakdown
Residential
9,312
Single Family
8,983
Multi-Family
329
Businesses
701
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