899 6th St NELintonIN47441
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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 Linton at 899 6th St NE, Linton, IN, 47441 priced at $108,000 pairs $1,130/mo rent with $481/mo cash flow after a $529/mo payment. Total monthly income equals $1,130/mo, and annual cash flow comes to $5,776/yr on $35,802 invested. Return on cash invested is 36.04% in year one, and rental yield stands at 12.56% on a $108,000 basis. Equity gained on principal adds $697/yr, and 5% annual appreciation accumulates to $29,838 by year five. Five-year ROI measures 189.23% and total cumulative return in cash reaches $67,748. For financing, Ziffy Mortgage’s DSCR program evaluates $1,130/mo property income against a $529/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1990
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47441, Linton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,152 (100%) |
| Owner Occupied HU | 2,723 (65.6%) |
| Renter Occupied HU | 1,042 (25.1%) |
| Vacant Housing Units | 387 ( 9.3%) |
| Median Home Value | $129,342 |
| Average Home Value | $176,239 |
Housing Distribution
Address Breakdown
Residential
3,937
Single Family
3,739
Multi-Family
198
Businesses
324
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Listed by: Sam Dyar • Dyar Real Estate Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202416109
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.