11811 Rhode Island St, Crown Point, IN, 46307 | $177/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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11811 Rhode Island St, Crown Point, IN, 46307 | $177/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 Crown Point at 11811 Rhode Island St, Crown Point, IN, 46307 uses $86,157 cash to close to unlock $2,123/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $1,737/mo, and a $1,272/mo payment keeps the spread at $177/mo. Purchase price stands at $259,900, and rental yield measures 8.02% with $1,737/mo rent. Return on cash invested shows 22.37% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 115.81% and total cumulative return in cash records $99,778. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,737/mo property income covering a $1,272/mo payment rather than investor’s personal income.

Townhouse

Built in 2022

N/A lot

$N/A/sqft

No HOA

More details about the property

WOW! Check out this absolutely beautiful 2 bedroom, 1.5 bath open-concept townhouse in Walkerton Park! This 3-year-old home with over 1,300sf has been lovingly cared for! You do not need to do anything but move in! The main level boasts a large living room, eat-in kitchen with breakfast bar, granite counter tops, and GE stainless steel appliances. A half-bath is also conveniently located on the main level. A full-light door opens to a private fenced courtyard with large concrete patio which leads to the super-clean 2 car garage! Upstairs are two ample sized bedrooms, full bathroom, and a conveniently located laundry room with GE washer and dryer. All window treatments stay. Enjoy the beautiful community parks with playground, fire pit, and grilling area! Located near the historic Crown Point Square, shopping, dining, healthcare, easy access to I-65 and much more! MUCH MORE awaits your discovery!

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