2585 W 132nd Ln, Crown Pt, IN, 46307 | $688/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2585 W 132nd Ln, Crown Pt, IN, 46307 | $688/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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

Investment property for sale in Crown Pt at 2585 W 132nd Ln, Crown Pt, IN, 46307 listed at $485,000 pairs $3,600/mo rent with a $2,374/mo payment to leave $688/mo cash flow. Total monthly income runs $3,600/mo, and annual cash flow reaches $8,262/yr on $160,778 cash to close. Return on cash invested measures 25.05% in year one, and rental yield registers 8.91% at a $485,000 basis. Equity gained on principal adds $3,130/yr, and annual property appreciation at 5% supports $133,997 by year five. Five-year ROI tracks 130.15% and total cumulative return in cash totals $209,258. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,600/mo property income relative to a $2,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2023

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Why wait to build??? Better than New... this stunning 2 story home with FINISHED basement on a golf course lot is just 2 years old and ready for new owners. The open concept main floor features 9' ceilings, neutral paint, and vinyl plank flooring throughout. Upgraded cabinets with stainless appliances, pantry, island, and large dining area completes the kitchen. Living room provides gorgeous gas fireplace and plenty of natural light. 1/2 bath, office space, and laundry room with added cabinets and storage leading out the insulated and drywalled 2 car garage. Upstairs the main bedroom has a walk in closet and private bath with double vanity and shower. 3 good sized additional bedrooms upstairs with ample closet space and a full bath. The basement is newly finshed with epoxy floors, 2nd living area, workout area with egress window, and storage space. Outside you'll find a 22x16 patio with gazebo looking out on the golf course. Located on a quiet street but just minutes away from Youche Country Club, the Crown Point Square, Fairgrounds, & the YMCA.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46307, Crown Point, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	28,493 (100%)
Owner Occupied HU	23,758 (83.4%)
Renter Occupied HU	3,580 (12.6%)
Vacant Housing Units	1,155 ( 4.1%)
Median Home Value	$328,229
Average Home Value	$358,457