848 Esther StHuntingtonIN46750
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Huntington at 848 Esther St, Huntington, IN, 46750 offers a 12.02% rental yield on a $127,000 purchase with $1,272/mo rent. Total monthly income registers $1,272/mo, and a $622/mo payment leaves $509/mo available for distribution. Annual cash flow reaches $6,111/yr on $42,101 to close, and return on cash invested stands at 34.42% in year one. Equity gained on principal adds $820/yr while 5% annual appreciation supports $35,088 over five years. Portfolio math shows five-year ROI at 180.56% and total cumulative return in cash at $76,017. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,272/mo property income against a $622/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.26 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Harrison • Keller Williams Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437434
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.