1840 Elderberry CtCrown 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 1840 Elderberry Ct, Crown Point, IN, 46307 with 5% annual appreciation on a $259,900 basis while $2,390/mo rent supports operations. Total monthly income totals $2,390/mo and a $1,272/mo payment preserves $749/mo for cash returns. Annual cash flow comes to $8,987/yr on $86,157 deployed, and return on cash invested reaches 30.34% in year one. Equity gained on principal adds $1,677/yr, and five-year appreciation sums $71,806 alongside rental yield of 11.04%. Five-year ROI measures 158.95% and total cumulative return in cash totals $136,942.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,390/mo property income versus a $1,272/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2004
2,191 sqft lot
$N/A/sqft
$75 monthly 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: Lisa Grady • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #818271
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