14615 Reeder Rd, Crown Point, IN, 46307 | 4.11% Rental Yield

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14615 Reeder Rd, Crown Point, IN, 46307 | 4.11% 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

Investment property for sale in Crown Point at 14615 Reeder Rd, Crown Point, IN, 46307 offers a 4.11% rental yield on a $624,999 purchase with $2,140/mo rent. 65% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 52.95% and total cumulative return in cash at $108,876. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,140/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1958

7 Acres lot

$N/A/sqft

No HOA

More details about the property

THIS GREAT PROPERTY!!!! SELLER WANTS AN OFFER!!! -- This property checks many boxes for that BUYER looking for a house, land, and outbuilding. Perfect for those that have stuff, home business and enjoys outdoor activities. This ranch home on 7acres has three bedrooms, one bath with a full basement. Loads of upgrades and remodeling throughout home. Over sized 2.5 detached garage with loads of space and storage. Side drive leads to a 8000 sqft pole barn with electric, 2 overhead doors and plenty of space for all needs. Abundance of storage space or room to expand. Owner cleared the land for total use. Property is in unincorporated county limits. ALL types of outdoor activities on this rolling gentle hills, ponds and loads of nature and great views !! Close to Crown Point and Cedar Lake activities. Huge potential for those that love this little bit of country setting.

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