103 E State Road 231Crown PointIN46307
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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
Investment property for sale in Crown Point at 103 E State Road 231, Crown Point, IN, 46307 listed at $397,700 pairs $3,588/mo rent with a $1,947/mo payment to leave $1,200/mo cash flow. Total monthly income runs $3,588/mo, and annual cash flow reaches $14,403/yr on $131,838 cash to close. Return on cash invested measures 30.83% in year one, and rental yield registers 10.83% at a $397,700 basis. Equity gained on principal adds $2,566/yr, and annual property appreciation at 5% supports $109,877 by year five. Five-year ROI tracks 161.21% and total cumulative return in cash totals $212,534. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,588/mo property income relative to a $1,947/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46307, Crown Point, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,493 (100%) |
| Owner Occupied HU | 23,758 (83.4%) |
| Renter Occupied HU | 3,580 (12.6%) |
| Vacant Housing Units | 1,155 ( 4.1%) |
| Median Home Value | $328,229 |
| Average Home Value | $358,457 |
Housing Distribution
Address Breakdown
Residential
27,816
Single Family
25,807
Multi-Family
2,009
Businesses
1,450
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Listed by: N/A • N/A
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Mls ID: #N/A