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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hobart at 214 N Ash St, Hobart, IN, 46342 uses $55,526 cash to close to unlock $6,948/yr annual cash flow and $579/mo monthly cash flow. Total monthly income runs $1,691/mo, and a $820/mo payment keeps the spread at $579/mo. Purchase price stands at $167,500, and rental yield measures 12.11% with $1,691/mo rent. Return on cash invested shows 32.42% in year one, and 5% annual appreciation builds toward $46,277 over five years. Five-year ROI reaches 170.5% and total cumulative return in cash records $94,672. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,691/mo property income covering a $820/mo payment rather than investor’s personal income.
Single Family
Built in 1924
6,577 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46342, Hobart, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,699 (100%) |
| Owner Occupied HU | 9,996 (73.0%) |
| Renter Occupied HU | 2,806 (20.5%) |
| Vacant Housing Units | 897 ( 6.5%) |
| Median Home Value | $231,713 |
| Average Home Value | $262,010 |
Residential
13,166
Single Family
11,782
Multi-Family
1,384
Businesses
705
Date | Event | Price |
|---|---|---|
| 2025-10-07 | Sold | $167,500 |
| 2025-08-15 | Pending sale | $165,000 |
| 2025-07-25 | Listed for sale | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-11 | $2666.48 | 4.09% | $114,800 | 3.52% |
| 2023-10-11 | $2561.68 | 11.10% | $110,900 | 4.52% |
| 2022-10-11 | $2305.82 | 15.36% | $106,100 | 12.39% |
Listed by: Edward Suzak • Advanced Real Estate, LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #823747
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
