2119 Easton Park Dr, Chesterton, IN, 46304 | $195/mo Cash Flow

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Chesterton at 2119 Easton Park Dr, Chesterton, IN, 46304 priced at $584,000 pairs $3,812/mo rent with $195/mo cash flow after a $2,858/mo payment. Total monthly income equals $3,812/mo, and annual cash flow comes to $2,339/yr on $192,136 invested. Return on cash invested is 21.28% in year one, and rental yield stands at 7.83% on a $584,000 basis. Equity gained on principal adds $3,768/yr, and 5% annual appreciation accumulates to $161,348 by year five. Five-year ROI measures 110.14% and total cumulative return in cash reaches $211,624. For financing, Ziffy Mortgage’s DSCR program evaluates $3,812/mo property income against a $2,858/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2019

0.31 Acres lot

$N/A/sqft

$250 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46304, Chesterton, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,923 (100%)
Owner Occupied HU	8,700 (73.0%)
Renter Occupied HU	2,581 (21.6%)
Vacant Housing Units	642 ( 5.4%)
Median Home Value	$313,394
Average Home Value	$348,036