1506 Tartan Ct, New Haven, IN, 46774 | $727/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1506 Tartan Ct, New Haven, IN, 46774 | $727/mo Cash Flow | 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 New Haven at 1506 Tartan Ct, New Haven, IN, 46774 listed at $219,900 pairs $2,047/mo rent with a $1,076/mo payment to leave $727/mo cash flow. Total monthly income runs $2,047/mo, and annual cash flow reaches $8,727/yr on $72,897 cash to close. Return on cash invested measures 31.88% in year one, and rental yield registers 11.17% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 166.86% and total cumulative return in cash totals $121,636. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,047/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1963

10,201 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled on a quiet corner lot within a cul-de-sac, this inviting tri-level home offers comfort, style, and a long list of thoughtful updates. The spacious layout features four bedrooms and two full bathrooms, including a recently updated downstairs shower (2021) and a reglazed upstairs bathtub (2025). Warm hardwood floors accent the kitchen and dining areas, complemented by double-pane windows that fill the home with natural light. A SimpliSafe security systemwith cameras and sensors on every main and lower-level windowadds peace of mind. The attached garage includes ample storage and a heater line that is currently capped off but can be reconnected if desired; the sellers have never used it. Major improvements provide additional reassurance, including newer carpet on the main and upper floors (2021), an updated range (2023), a two-stage air conditioner and smart thermostat with app control (2024), and a new boiler, fresh downstairs flooring, and interior paint throughout most of the home (2025). Outdoors, a fenced backyard with mature trees offers privacy and a serene retreat. Located close to shopping, restaurants, and major highways, this home combines convenience with the tranquility of a well-established neighborhoodan ideal place to settle in and enjoy.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.

Housing Distribution

Housing Statistics

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