11787 Rhode Island StCrown 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
Rental property for sale in Crown Point at 11787 Rhode Island St, Crown Point, IN, 46307 generates $2,854/mo in rent and, after a $1,477/mo payment, leaves $805/mo in cash flow. Total monthly income is $2,854/mo, and annual cash flow is $9,661/yr on $100,048 invested. Return on cash invested sits at 29.57% in year one, and rental yield is 11.35% on a $301,803 entry. Equity gained on principal adds $1,947/yr, while 5% annual appreciation builds toward $83,383 over five years. Five-year ROI reaches 155.45% and total cumulative return in cash sums $155,522. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,854/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
2,653 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: N/A • Olthof Homes
Mls Name: Olthof Homes
Mls Provider:
Mls ID: #N/A