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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New Haven at 1426 Heine Ct, New Haven, IN, 46774 priced at $214,900 pairs $1,661/mo rent with $371/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,661/mo, and annual cash flow comes to $4,450/yr on $71,239 invested. Return on cash invested is 26.16% in year one, and rental yield stands at 9.28% on a $214,900 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,373 by year five. Five-year ROI measures 136.1% and total cumulative return in cash reaches $96,954. For financing, Ziffy Mortgage’s DSCR program evaluates $1,661/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,456 (100%) |
| Owner Occupied HU | 5,717 (76.7%) |
| Renter Occupied HU | 1,485 (19.9%) |
| Vacant Housing Units | 254 ( 3.4%) |
| Median Home Value | $214,229 |
| Average Home Value | $251,615 |
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
Date | Event | Price |
|---|---|---|
| 2025-04-06 | Pending sale | $214,900 |
| 2025-04-04 | Listed for sale | $214,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-10 | $1477.44 | 0.30% | $181,100 | 15.94% |
| 2023-04-10 | $1473.00 | 17.46% | $156,200 | 6.04% |
| 2022-04-10 | $1254.00 | 8.30% | $147,300 | 17.46% |
Listed by: Mindy Fleischer • Mike Thomas Assoc., Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511445
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
