1368 Lehman DrCrown PointIN46307
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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 Crown Point at 1368 Lehman Dr, Crown Point, IN, 46307 listed at $219,000 pairs $1,549/mo rent with a $1,072/mo payment to leave $234/mo cash flow. Total monthly income runs $1,549/mo, and annual cash flow reaches $2,811/yr on $72,599 cash to close. Return on cash invested measures 23.78% in year one, and rental yield registers 8.49% at a $219,000 basis. Equity gained on principal adds $1,413/yr, and annual property appreciation at 5% supports $60,506 by year five. Five-year ROI tracks 123.4% and total cumulative return in cash totals $89,589. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,549/mo property income relative to a $1,072/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
27,816
Single Family
25,807
Multi-Family
2,009
Businesses
1,450
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Listed by: Anthony Grantsaris • Jaime-Dawn Ulrich, Broker
Mls Name: NIRA
Mls ID: #826794