1843 Redwood LnMunsterIN46321
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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 Munster at 1843 Redwood Ln, Munster, IN, 46321 earns $725/mo cash flow from $5,872/mo rent with a $4,062/mo payment. Total monthly income totals $5,872/mo, and annual cash flow totals $8,701/yr on $273,037 capital. ROI tracks 23.25% on current figures, and rental yield reads 8.49% at a $829,900 purchase. Equity gained on principal adds $5,355/yr, and 5% annual appreciation supports $229,286 over five years. Five-year ROI reaches 120.73% and total cumulative return in cash sums $329,651. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,872/mo property income instead of your personal income.
Single Family
Built in 2000
0.29 Acres lot
$N/A/sqft
$156 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46321, Munster, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,578 (100%) |
| Owner Occupied HU | 8,067 (84.2%) |
| Renter Occupied HU | 1,108 (11.6%) |
| Vacant Housing Units | 403 ( 4.2%) |
| Median Home Value | $333,282 |
| Average Home Value | $375,530 |
Housing Distribution
Address Breakdown
Residential
9,440
Single Family
8,005
Multi-Family
1,435
Businesses
799
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Listed by: Jennifer Poskin • @properties/Christie's Intl RE
Mls Name: NIRA
Mls Provider:
Mls ID: #817682
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