1735 W 98th PlCrown PointIN46307
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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 1735 W 98th Pl, Crown Point, IN, 46307 offers a 11.32% rental yield on a $299,900 purchase with $2,830/mo rent. Total monthly income registers $2,830/mo, and a $1,468/mo payment leaves $1,030/mo available for distribution. Annual cash flow reaches $12,355/yr on $99,417 to close, and return on cash invested stands at 32.34% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 169.26% and total cumulative return in cash at $168,268. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,830/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
9,757 sqft 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
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Listed by: Marcus Staples • Better Homes and Gardens Real
Mls Name: NIRA
Mls ID: #827781