200 Golfview DrScherervilleIN46375
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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 Schererville at 200 Golfview Dr, Schererville, IN, 46375 priced at $480,000 pairs $4,202/mo rent with $1,321/mo cash flow after a $2,349/mo payment. Total monthly income equals $4,202/mo, and annual cash flow comes to $15,852/yr on $159,120 invested. Return on cash invested is 29.87% in year one, and rental yield stands at 10.51% on a $480,000 basis. Equity gained on principal adds $3,097/yr, and 5% annual appreciation accumulates to $132,615 by year five. Five-year ROI measures 156.01% and total cumulative return in cash reaches $248,237. For financing, Ziffy Mortgage’s DSCR program evaluates $4,202/mo property income against a $2,349/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46375, Schererville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,551 (100%) |
| Owner Occupied HU | 8,260 (78.3%) |
| Renter Occupied HU | 1,893 (17.9%) |
| Vacant Housing Units | 398 ( 3.8%) |
| Median Home Value | $327,752 |
| Average Home Value | $358,935 |
Housing Distribution
Address Breakdown
Residential
10,438
Single Family
9,295
Multi-Family
1,143
Businesses
1,045
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Listed by: Catherine Meyer • @properties/Christie's Intl RE
Mls Name: NIRA
Mls ID: #818740