12323 Cline Ave, Crown Point, IN, 46307 | 4.62% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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12323 Cline Ave, Crown Point, IN, 46307 | 4.62% Rental Yield | 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 12323 Cline Ave, Crown Point, IN, 46307 listed at $499,999 pairs $1,924/mo rent with a $2,447/mo payment. Total monthly income runs $1,924/mo. Return on cash invested measures 12.11% in year one, and rental yield registers 4.62% at a $499,999 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 60.77% and total cumulative return in cash totals $100,723. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,924/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1961

4.02 Acres lot

$N/A/sqft

No HOA

More details about the property

Stunning 4-Bedroom Home on 4+ Acres in Crown Point School District! Welcome to this beautifully updated home offering over 2,500 sq ft of living space, perfectly situated on more than 4 serene acres. Located in the desirable Crown Point school district, this property combines modern upgrades with peaceful country living. Step inside to discover a completely renovated interior featuring refinished hardwood floors, a fully updated kitchen with quartz countertops, stainless steel appliances, and stylish new light fixtures throughout. The open kitchen flows seamlessly to the oversized deck through brand-new sliding doors--perfect for entertaining or simply enjoying the tranquil views. This spacious home offers 4 bedrooms, 3 full bathrooms, and countless upgrades including a new roof, siding, garage doors, concrete patio, patio door, furnace, A/C, water heater, water softener, and a gravel driveway--everything has been done for you! You'll also enjoy additional storage and workspace located underneath the deck, providing the perfect spot for tools, hobbies, or extra equipment. Outside, you'll find a large pole barn with full electrical service and approximately 2.5 additional acres beyond it, giving you endless possibilities--whether you're dreaming of a hobby farm, garden, or recreational space. Don't miss this move-in ready gem with the space, location, and updates you've been looking for!

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