146 N Ernest StGriffithIN46319
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 146 N Ernest St, Griffith, IN, 46319 at $309,900 posts ROI 29.35% with $809/mo cash flow from $2,669/mo rent. Total monthly income equals $2,669/mo, and annual cash flow records $9,702/yr on $102,732 to close. Return on cash invested measures 29.35% and rental yield reads 10.33% at the current $309,900. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 by year five. Five-year ROI prints 153.25% and total cumulative return in cash totals $157,440.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,669/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1929
6,621 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices