138 N Grant StCrown 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 138 N Grant St, Crown Point, IN, 46307 at $295,000 posts ROI 38.28% with $1,497/mo cash flow from $3,268/mo rent. Total monthly income equals $3,268/mo, and annual cash flow records $17,964/yr on $97,793 to close. Return on cash invested measures 38.28% and rental yield reads 13.29% at the current $295,000. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 by year five. Five-year ROI prints 201.15% and total cumulative return in cash totals $196,706.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,268/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1921
9,570 sqft 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: Jason Utesch • Realty Executives Premier
Mls Name: NIRA
Mls ID: #824766