1068 E 115th LnCrown 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 1068 E 115th Ln, Crown Point, IN, 46307 uses $68,463 cash to close to unlock $9,985/yr annual cash flow and $832/mo monthly cash flow. Total monthly income runs $2,347/mo, and a $1,011/mo payment keeps the spread at $832/mo. Purchase price stands at $206,525, and rental yield measures 13.64% with $2,347/mo rent. Return on cash invested shows 34.49% in year one, and 5% annual appreciation builds toward $57,059 over five years. Five-year ROI reaches 182.61% and total cumulative return in cash records $125,020. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,347/mo property income covering a $1,011/mo payment rather than investor’s personal income.
Single Family
Built in 2009
7,209 sqft lot
$N/A/sqft
$275 monthly 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: Kent Kominiak • Weichert Realtors - Shoreline
Mls Name: NIRA
Mls Provider:
Mls ID: #811353
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-28 23:27:59 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#185)