2406 Old Oak DrValparaisoIN46385
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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 2406 Old Oak Dr, Valparaiso, IN, 46385 at $1,049,999 posts ROI 11.2% with from $3,937/mo rent. Total monthly income equals $3,937/mo. Return on cash invested measures 11.2% and rental yield reads 4.5% at the current $1,049,999. Equity gained on principal adds $6,775/yr, and 5% annual appreciation supports $290,095 by year five. Five-year ROI prints 56.1% and total cumulative return in cash totals $190,841. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,937/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
0.72 Acres lot
$N/A/sqft
$500 annually 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: Susie Jaskowiak • @properties/Christie's Intl RE
Mls Name: NIRA
Mls Provider:
Mls ID: #810075
Disclaimer: Copyright 2024 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.