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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in New Haven at 1045 Summit St, New Haven, IN, 46774 listed at $178,900 pairs $1,346/mo rent with a $876/mo payment to leave $272/mo cash flow. Total monthly income runs $1,346/mo, and annual cash flow reaches $3,261/yr on $59,305 cash to close. Return on cash invested measures 25.41% in year one, and rental yield registers 9.03% at a $178,900 basis. Equity gained on principal adds $1,154/yr, and annual property appreciation at 5% supports $49,427 by year five. Five-year ROI tracks 132.1% and total cumulative return in cash totals $78,343. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,346/mo property income relative to a $876/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1908
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
| 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 |
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
Date | Event | Price |
|---|---|---|
| 2025-09-13 | Listed for sale | $178,900 |
| 2025-07-11 | Sold | $78,201 |
| 2019-05-24 | Sold | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-16 | $1040.50 | 8.42% | $130,000 | 4.67% |
| 2023-09-16 | $959.72 | 4.70% | $124,200 | 9.33% |
| 2022-09-16 | $916.64 | 25.66% | $113,600 | 7.68% |
Listed by: Maria Geiger • Morken Real Estate Services, Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202537041
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.
