2557 Howard Castle DrDyerIN46311
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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 Dyer at 2557 Howard Castle Dr, Dyer, IN, 46311 listed at $470,200 pairs $4,588/mo rent with a $2,301/mo payment to leave $1,733/mo cash flow. Total monthly income runs $4,588/mo, and annual cash flow reaches $20,795/yr on $155,871 cash to close. Return on cash invested measures 33.25% in year one, and rental yield registers 11.71% at a $470,200 basis. Equity gained on principal adds $3,034/yr, and annual property appreciation at 5% supports $129,908 by year five. Five-year ROI tracks 174.23% and total cumulative return in cash totals $271,572. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,588/mo property income relative to a $2,301/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46311, Dyer, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,550 (100%) |
| Owner Occupied HU | 8,584 (89.9%) |
| Renter Occupied HU | 622 ( 6.5%) |
| Vacant Housing Units | 344 ( 3.6%) |
| Median Home Value | $335,628 |
| Average Home Value | $375,557 |
Housing Distribution
Address Breakdown
Residential
9,212
Single Family
8,996
Multi-Family
216
Businesses
509
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