126 Cressmoor BlvdHobartIN46342
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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 Hobart at 126 Cressmoor Blvd, Hobart, IN, 46342 with 5% annual appreciation on a $356,990 basis while $2,478/mo rent supports operations. Total monthly income totals $2,478/mo and a $1,747/mo payment preserves $266/mo for cash returns. Annual cash flow comes to $3,196/yr on $118,342 deployed, and return on cash invested reaches 22.61% in year one. Equity gained on principal adds $2,304/yr, and five-year appreciation sums $98,630 alongside rental yield of 8.33%. Five-year ROI measures 117.35% and total cumulative return in cash totals $138,876.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,478/mo property income versus a $1,747/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
7,840 sqft lot
$N/A/sqft
$69 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46342, Hobart, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,699 (100%) |
| Owner Occupied HU | 9,996 (73.0%) |
| Renter Occupied HU | 2,806 (20.5%) |
| Vacant Housing Units | 897 ( 6.5%) |
| Median Home Value | $231,713 |
| Average Home Value | $262,010 |
Housing Distribution
Address Breakdown
Residential
13,166
Single Family
11,782
Multi-Family
1,384
Businesses
705
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Listed by: Kristin Hadley • DRH Realty of Indiana
Mls Name: NIRA
Mls Provider:
Mls ID: #832356
Disclaimer: Based on information submitted to the MLS GRID as of 2026-01-06 07:32:48 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#185)