1815 Chestnut LnCrown 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
Rental property for sale in Crown Point at 1815 Chestnut Ln, Crown Point, IN, 46307 priced at $245,000 pairs $2,419/mo rent with $873/mo cash flow after a $1,199/mo payment. Total monthly income equals $2,419/mo, and annual cash flow comes to $10,482/yr on $81,218 invested. Return on cash invested is 32.81% in year one, and rental yield stands at 11.85% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 172.23% and total cumulative return in cash reaches $139,884. For financing, Ziffy Mortgage’s DSCR program evaluates $2,419/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2004
1,459 sqft lot
$N/A/sqft
$450 semi-annually 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: Mark Cox • Century 21 Circle
Mls Name: NIRA
Mls Provider:
Mls ID: #811283
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-29 04:33:02 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#185)