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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Crown Point at 1639 Fir Ave, Crown Point, IN, 46307 generates $2,678/mo in rent and, after a $1,346/mo payment, leaves $1,027/mo in cash flow. Total monthly income is $2,678/mo, and annual cash flow is $12,327/yr on $91,163 invested. Return on cash invested sits at 33.43% in year one, and rental yield is 11.69% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 175.15% and total cumulative return in cash sums $159,671. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,678/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
5,270 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46307, Crown Point, IN area.
| 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 |
Residential
27,816
Single Family
25,807
Multi-Family
2,009
Businesses
1,450
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Carol Luken • Ginter Realty
Mls Name: NIRA
Mls ID: #828982
