1121 Boxwood DrMunsterIN46321
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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
Rental property for sale in Munster at 1121 Boxwood Dr, Munster, IN, 46321 generates $4,952/mo in rent and, after a $2,839/mo payment, leaves $1,470/mo in cash flow. Total monthly income is $4,952/mo, and annual cash flow is $17,642/yr on $190,820 invested. Return on cash invested sits at 29.31% in year one, and rental yield is 10.25% on a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 152.97% and total cumulative return in cash sums $291,897. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,952/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.38 Acres lot
$N/A/sqft
No 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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