9 W Walnut St, Poneto, IN, 46781 | $251/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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9 W Walnut St, Poneto, IN, 46781 | $251/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Poneto at 9 W Walnut St, Poneto, IN, 46781 priced at $130,000 converts $1,031/mo rent into $251/mo cash flow after a $636/mo obligation. Total monthly income equals $1,031/mo, and annual cash flow totals $3,011/yr on $43,095 invested. Return on cash invested prints 26.9% in year one, and rental yield reads 9.52% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 140.04% and total cumulative return in cash sums $60,351. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,031/mo property income covering a $636/mo payment, not borrower’s personal income.

Single Family

Built in 1900

8,768 sqft lot

$N/A/sqft

No HOA

More details about the property

Completely remodeled and renovated single story home in Poneto. This property features an 800 SqFt updated residence, oversized two car garage, off street parking and a fenced in yard. Most recent updates include all new flooring and subflooring, interior paint, bathroom upgrades, updated electrical and light fixtures, new interior doors and some windows. Plenty of quality Oak kitchen cabinets and laminate countertop space. Metal roof on the home and detached garage. Spacious yard and back patio area with firepit, and garden. 10 minutes to Bluffton, and 10 minutes to Southern Wells.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46781, Poneto, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	353 (100%)
Owner Occupied HU	292 (82.7%)
Renter Occupied HU	31 ( 8.8%)
Vacant Housing Units	30 ( 8.5%)
Median Home Value	$218,293
Average Home Value	$258,836