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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% |
Investment property for sale in New Haven at 1809 Greenstone Dr, New Haven, IN, 46774 offers a 11.16% rental yield on a $174,900 purchase with $1,626/mo rent. Total monthly income registers $1,626/mo, and a $856/mo payment leaves $571/mo available for distribution. Annual cash flow reaches $6,849/yr on $57,979 to close, and return on cash invested stands at 31.72% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,322 over five years. Portfolio math shows five-year ROI at 166.01% and total cumulative return in cash at $96,252. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,626/mo property income against a $856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,456 (100%) |
| Owner Occupied HU | 5,717 (76.7%) |
| Renter Occupied HU | 1,485 (19.9%) |
| Vacant Housing Units | 254 ( 3.4%) |
| Median Home Value | $214,229 |
| Average Home Value | $251,615 |
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
Date | Event | Price |
|---|---|---|
| 2025-04-02 | Listed for sale | $174,900 |
| 2016-02-17 | Sold | $71,400 |
| 2016-02-17 | Listed for sale | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | $1517.04 | 1.20% | $184,600 | 16.03% |
| 2023-04-04 | $1499.00 | 17.85% | $159,100 | 6.14% |
| 2022-04-04 | $1272.00 | 3.03% | $149,900 | 17.85% |
Listed by: Ray Smith • American Dream Team Real Estate Brokers
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511045
Disclaimer: 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.
