








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Valparaiso at 1704 Geranium Cir, Valparaiso, IN, 46383 at $275,000 posts ROI 20.75% with $64/mo cash flow from $1,843/mo rent. Total monthly income equals $1,843/mo, and annual cash flow records $771/yr on $91,163 to close. Return on cash invested measures 20.75% and rental yield reads 8.04% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 107.78% and total cumulative return in cash totals $98,255.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,843/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1999
3,963 sqft lot
$N/A/sqft
$128 monthly HOA
Neighborhood data shown for ZIP Code: 46383, Valparaiso, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,498 (100%) |
| Owner Occupied HU | 11,580 (62.6%) |
| Renter Occupied HU | 5,911 (32.0%) |
| Vacant Housing Units | 1,007 ( 5.4%) |
| Median Home Value | $323,566 |
| Average Home Value | $344,855 |
Residential
17,447
Single Family
14,830
Multi-Family
2,617
Businesses
1,505
Date | Event | Price |
|---|---|---|
| 2025-06-13 | Listed for sale | $275,000 |
| 2025-06-12 | Listing removed | N/A |
| 2025-04-27 | Listed for sale | $270,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-14 | $2114.68 | 1.01% | $205,500 | 4.90% |
| 2023-06-14 | $2093.44 | 1.68% | $195,900 | 10.18% |
| 2022-06-14 | $2058.76 | 17.75% | $177,800 | 7.69% |



Listed by: Jessica Kish • New Chapter Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #822451
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.