10409 White Oak Ln UNIT 2-BMunsterIN46321
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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 Munster at 10409 White Oak Ln UNIT 2-B, Munster, IN, 46321 uses $106,047 cash to close to unlock $4,488/yr annual cash flow and $374/mo monthly cash flow. Total monthly income runs $2,964/mo, and a $1,566/mo payment keeps the spread at $374/mo. Purchase price stands at $319,900, and rental yield measures 11.12% with $2,964/mo rent. Return on cash invested shows 24.14% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 128.08% and total cumulative return in cash records $135,824. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,964/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
$357 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46321, Munster, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,578 (100%) |
| Owner Occupied HU | 8,067 (84.2%) |
| Renter Occupied HU | 1,108 (11.6%) |
| Vacant Housing Units | 403 ( 4.2%) |
| Median Home Value | $333,282 |
| Average Home Value | $375,530 |
Housing Distribution
Address Breakdown
Residential
9,440
Single Family
8,005
Multi-Family
1,435
Businesses
799
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Listed by: Heather Bult • @properties/Christie's Intl RE
Mls Name: NIRA
Mls Provider:
Mls ID: #818394
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