1002 Springview CtValparaisoIN46383
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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 Valparaiso at 1002 Springview Ct, Valparaiso, IN, 46383 priced at $764,900 pairs $5,102/mo rent with $355/mo cash flow after a $3,744/mo payment. Total monthly income equals $5,102/mo, and annual cash flow comes to $4,260/yr on $251,652 invested. Return on cash invested is 21.75% in year one, and rental yield stands at 8% on a $764,900 basis. Equity gained on principal adds $4,936/yr, and 5% annual appreciation accumulates to $211,328 by year five. Five-year ROI measures 112.74% and total cumulative return in cash reaches $283,708. For financing, Ziffy Mortgage’s DSCR program evaluates $5,102/mo property income against a $3,744/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
0.74 Acres lot
$N/A/sqft
$138 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46383, Valparaiso, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,498 (100%) |
| Owner Occupied HU | 11,580 (62.6%) |
| Renter Occupied HU | 5,911 (32.0%) |
| Vacant Housing Units | 1,007 ( 5.4%) |
| Median Home Value | $323,566 |
| Average Home Value | $344,855 |
Housing Distribution
Address Breakdown
Residential
17,447
Single Family
14,830
Multi-Family
2,617
Businesses
1,505
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Listed by: Claudia Forrest • Century 21 Circle
Mls Name: NIRA
Mls Provider:
Mls ID: #818617
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