11828 BroadwayCrown 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 11828 Broadway, Crown Point, IN, 46307 listed at $268,000 pairs $2,448/mo rent with a $1,312/mo payment to leave $839/mo cash flow. Total monthly income runs $2,448/mo, and annual cash flow reaches $10,068/yr on $88,842 cash to close. Return on cash invested measures 31.24% in year one, and rental yield registers 10.96% at a $268,000 basis. Equity gained on principal adds $1,729/yr, and annual property appreciation at 5% supports $74,043 by year five. Five-year ROI tracks 163.35% and total cumulative return in cash totals $145,125. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,448/mo property income relative to a $1,312/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2006
0.25 Acres 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: Erin Booker • E & V Indianapolis, LLC
Mls Name: NIRA
Mls ID: #832225