122 Genoa CtScherervilleIN46375
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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 Schererville at 122 Genoa Ct, Schererville, IN, 46375 offers $4,070/mo rent that, after a $2,151/mo payment, leaves $1,432/mo cash flow. Total monthly income is $4,070/mo, and annual cash flow is $17,183/yr on $145,694 cash. Return on cash invested measures 31.7% in year one, and rental yield stands at 11.11% at a $439,500 entry. Equity gained on principal adds $2,836/yr while 5% annual appreciation compounds into $121,426 by year five. Five-year ROI records 165.82% and total cumulative return in cash reaches $241,593. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,070/mo property income versus a $2,151/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46375, Schererville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,551 (100%) |
| Owner Occupied HU | 8,260 (78.3%) |
| Renter Occupied HU | 1,893 (17.9%) |
| Vacant Housing Units | 398 ( 3.8%) |
| Median Home Value | $327,752 |
| Average Home Value | $358,935 |
Housing Distribution
Address Breakdown
Residential
10,438
Single Family
9,295
Multi-Family
1,143
Businesses
1,045
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Listed by: Sladjana Keric • @properties/Christie's Intl RE
Mls Name: NIRA
Mls ID: #825299