16 S 200 WValparaisoIN46385
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 Valparaiso at 16 S 200 W, Valparaiso, IN, 46385 uses $107,738 cash to close to unlock $8,253/yr annual cash flow and $688/mo monthly cash flow. Total monthly income runs $2,639/mo, and a $1,591/mo payment keeps the spread at $688/mo. Purchase price stands at $325,000, and rental yield measures 9.74% with $2,639/mo rent. Return on cash invested shows 27.57% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 143.67% and total cumulative return in cash records $154,789. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,639/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46385, Valparaiso, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,104 (100%) |
| Owner Occupied HU | 14,253 (83.3%) |
| Renter Occupied HU | 2,163 (12.6%) |
| Vacant Housing Units | 688 ( 4.0%) |
| Median Home Value | $335,578 |
| Average Home Value | $360,727 |
Housing Distribution
Address Breakdown
Residential
16,777
Single Family
16,182
Multi-Family
595
Businesses
505
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kellie Burton • Listing Leaders
Mls Name: NIRA
Mls ID: #829863