1313 E Highway 330GriffithIN46319
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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 Griffith at 1313 E Highway 330, Griffith, IN, 46319 earns $582/mo cash flow from $1,884/mo rent with a $1,062/mo payment. Total monthly income totals $1,884/mo, and annual cash flow totals $6,979/yr on $71,902 capital. ROI tracks 29.62% on current figures, and rental yield reads 10.42% at a $216,900 purchase. Equity gained on principal adds $1,400/yr, and 5% annual appreciation supports $59,925 over five years. Five-year ROI reaches 154.67% and total cumulative return in cash sums $111,214. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,884/mo property income instead of your personal income.
Single Family
Built in 1943
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46319, Griffith, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,126 (100%) |
| Owner Occupied HU | 5,345 (65.8%) |
| Renter Occupied HU | 2,272 (28.0%) |
| Vacant Housing Units | 509 ( 6.3%) |
| Median Home Value | $229,192 |
| Average Home Value | $258,391 |
Housing Distribution
Address Breakdown
Residential
7,742
Single Family
7,161
Multi-Family
581
Businesses
601
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