1047 Brookdale Dr, New Haven, IN, 46774 | $598/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1047 Brookdale Dr, New Haven, IN, 46774 | $598/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Haven at 1047 Brookdale Dr, New Haven, IN, 46774 offers a 11.84% rental yield on a $154,900 purchase with $1,528/mo rent. Total monthly income registers $1,528/mo, and a $758/mo payment leaves $598/mo available for distribution. Annual cash flow reaches $7,180/yr on $51,349 to close, and return on cash invested stands at 33.89% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,796 over five years. Portfolio math shows five-year ROI at 177.62% and total cumulative return in cash at $91,208. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,528/mo property income against a $758/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1957

10,315 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this well-maintained 3-bedroom, 1-bathroom bungalow located in a quiet, sidewalk-lined neighborhood just minutes from the new YMCA and splash pad. This inviting home offers numerous updates for peace of mind and modern comfort, including a new tear-off roof (2016), furnace (2018), water heater (2020), and most windows replaced (2015). Enjoy a fully remodeled bathroom with a classic subway tile surround and stylish new fixtures. The vinyl plank flooring throughout the living room, kitchen, and bathroom adds both durability and charm. Major infrastructure updates include a brand-new sewer tile and cleanout (July 2025). The spacious backyard opens to a park-like setting, providing privacy and beautiful viewsperfect for relaxing or entertaining. A large detached 2-car garage with electricity offers great storage or workshop potential. Located in a walkable neighborhood ideal for biking, strolling, or enjoying local amenities, this home combines vintage character with practical updates. Dont miss the opportunity to own this gem in New Haven!

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