2400 Dowling StValparaisoIN46385
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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 Valparaiso at 2400 Dowling St, Valparaiso, IN, 46385 uses $159,087 cash to close to unlock $7,645/yr annual cash flow and $637/mo monthly cash flow. Total monthly income runs $3,518/mo, and a $2,349/mo payment keeps the spread at $637/mo. Purchase price stands at $479,900, and rental yield measures 8.8% with $3,518/mo rent. Return on cash invested shows 24.71% in year one, and 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 128.39% and total cumulative return in cash records $204,249. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,518/mo property income covering a $2,349/mo payment rather than investor’s personal income.
Single Family
Built in 2018
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46385, Valparaiso, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,104 (100%) |
| Owner Occupied HU | 14,253 (83.3%) |
| Renter Occupied HU | 2,163 (12.6%) |
| Vacant Housing Units | 688 ( 4.0%) |
| Median Home Value | $335,578 |
| Average Home Value | $360,727 |
Housing Distribution
Address Breakdown
Residential
16,777
Single Family
16,182
Multi-Family
595
Businesses
505
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Listed by: Gina Guarino • McColly Real Estate
Mls Name: NIRA
Mls ID: #832994