10114 Glenspring CtNew HavenIN46774
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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 New Haven at 10114 Glenspring Ct, New Haven, IN, 46774 generates $3,168/mo in rent and, after a $1,688/mo payment, leaves $1,002/mo in cash flow. Total monthly income is $3,168/mo, and annual cash flow is $12,030/yr on $114,334 invested. Return on cash invested sits at 30.43% in year one, and rental yield is 11.02% on a $344,900 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,290 over five years. Five-year ROI reaches 159.39% and total cumulative return in cash sums $182,241. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,168/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
0.26 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,456 (100%) |
| Owner Occupied HU | 5,717 (76.7%) |
| Renter Occupied HU | 1,485 (19.9%) |
| Vacant Housing Units | 254 ( 3.4%) |
| Median Home Value | $214,229 |
| Average Home Value | $251,615 |
Housing Distribution
Address Breakdown
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
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Listed by: Gregory H Brown • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202505667
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.