1709 Stanton AveWhitingIN46394
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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
Rental property for sale in Whiting at 1709 Stanton Ave, Whiting, IN, 46394 offers $1,924/mo rent that, after a $1,144/mo payment, leaves $469/mo cash flow. Total monthly income is $1,924/mo, and annual cash flow is $5,630/yr on $77,472 cash. Return on cash invested measures 27.18% in year one, and rental yield stands at 9.88% at a $233,700 entry. Equity gained on principal adds $1,508/yr while 5% annual appreciation compounds into $64,567 by year five. Five-year ROI records 141.91% and total cumulative return in cash reaches $109,936. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,924/mo property income versus a $1,144/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46394, Whiting, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,246 (100%) |
| Owner Occupied HU | 3,034 (57.8%) |
| Renter Occupied HU | 1,726 (32.9%) |
| Vacant Housing Units | 486 ( 9.3%) |
| Median Home Value | $198,776 |
| Average Home Value | $250,145 |
Housing Distribution
Address Breakdown
Residential
4,622
Single Family
4,241
Multi-Family
381
Businesses
279
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