1608 Sunnyslope DrCrown PointIN46307
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 Crown Point at 1608 Sunnyslope Dr, Crown Point, IN, 46307 uses $112,345 cash to close to unlock $15,389/yr annual cash flow and $1,282/mo monthly cash flow. Total monthly income runs $3,317/mo, and a $1,659/mo payment keeps the spread at $1,282/mo. Purchase price stands at $338,900, and rental yield measures 11.75% with $3,317/mo rent. Return on cash invested shows 33.61% in year one, and 5% annual appreciation builds toward $93,632 over five years. Five-year ROI reaches 176.07% and total cumulative return in cash records $197,805. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,317/mo property income covering a $1,659/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.27 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
27,816
Single Family
25,807
Multi-Family
2,009
Businesses
1,450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Borns • Boulder Bay Realty Group
Mls Name: NIRA
Mls ID: #830791