135 Cressmoor Blvd, Hobart, IN, 46342 | 7.02% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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135 Cressmoor Blvd, Hobart, IN, 46342 | 7.02% 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

Total monthly income runs $2,400/mo, and a $2,007/mo payment. Purchase price stands at $409,990, and rental yield measures 7.02% with $2,400/mo rent. Return on cash invested shows 19.37% in year one, and 5% annual appreciation builds toward $113,273 over five years. Five-year ROI reaches 99.7% and total cumulative return in cash records $135,500. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $2,007/mo payment rather than investor’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Envision yourself at 135 Cressmoor Boulevard in Hobart, IN, a beautiful new home located in the Cressmoor Estates community. This two-story home will be ready for a winter move-in! This Bellamy plan offers 2,051 square feet of living space with a flex room, 4 bedrooms, 2.5 baths, 9-foot ceilings, FULL BASEMENT and a 2-car garage. Entertaining will be easy in this open-concept kitchen and family room layout with a large island with an overhang for stools, and designer white cabinetry. Additionally, the kitchen features a pantry, modern stainless-steel appliances, quartz countertops, and easy-to-maintain luxury vinyl sheet flooring. Enjoy your private getaway with your large primary bedroom and en suite bathroom with a raised height dual sink, quartz top vanity, and walk-in shower with fiberglass surround and obscure glass shower doors. Convenient walk-in laundry room, 3 additional bedrooms with a full second bath and a linen closet complete the second floor. All D.R. Horton NW Indiana homes include our America's Smart Home Technology, featuring a smart video doorbell, smart Honeywell thermostat, smart door lock, Deako smart light switches and more. Photos are of similar home and model home. Actual home built may vary.

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