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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in New Haven at 1234 Summit St, New Haven, IN, 46774 listed at $215,000 pairs $1,722/mo rent with a $1,052/mo payment to leave $432/mo cash flow. Total monthly income runs $1,722/mo, and annual cash flow reaches $5,181/yr on $71,273 cash to close. Return on cash invested measures 27.18% in year one, and rental yield registers 9.61% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 141.58% and total cumulative return in cash totals $100,909. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,722/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1912
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,456 (100%) |
| Owner Occupied HU | 5,717 (76.7%) |
| Renter Occupied HU | 1,485 (19.9%) |
| Vacant Housing Units | 254 ( 3.4%) |
| Median Home Value | $214,229 |
| Average Home Value | $251,615 |
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
Date | Event | Price |
|---|---|---|
| 2025-06-30 | Listed for sale | $215,000 |
| 2021-11-01 | Sold | $160,000 |
| 2021-10-02 | Pending sale | $154,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $1694.56 | 17.34% | $180,100 | 4.65% |
| 2023-07-01 | $1444.18 | 7.29% | $172,100 | 17.96% |
| 2022-07-01 | $1346.00 | 16.76% | $145,900 | 8.40% |
Listed by: Kimberly Braaten • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202525058
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
