10616 Morse PlCrown 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 10616 Morse Pl, Crown Point, IN, 46307 earns $1,397/mo cash flow from $3,600/mo rent with a $1,796/mo payment. Total monthly income totals $3,600/mo, and annual cash flow totals $16,767/yr on $121,657 capital. ROI tracks 33.69% on current figures, and rental yield reads 11.77% at a $366,990 purchase. Equity gained on principal adds $2,368/yr, and 5% annual appreciation supports $101,393 over five years. Five-year ROI reaches 176.52% and total cumulative return in cash sums $214,748. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,600/mo property income instead of your personal income.
Single Family
Built in 2025
9,147 sqft 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: Kristin Hadley • DRH Realty of Indiana
Mls Name: NIRA
Mls ID: #825936