2702 Belle Plaine TrlLong BeachIN46360
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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 Long Beach at 2702 Belle Plaine Trl, Long Beach, IN, 46360 uses $230,267 cash to close to unlock $3,555/yr annual cash flow and $296/mo monthly cash flow. Total monthly income runs $4,498/mo, and a $3,426/mo payment keeps the spread at $296/mo. Purchase price stands at $699,900, and rental yield measures 7.71% with $4,498/mo rent. Return on cash invested shows 21.6% in year one, and 5% annual appreciation builds toward $193,369 over five years. Five-year ROI reaches 111.66% and total cumulative return in cash records $257,120. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,498/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46360, Michigan City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,591 (100%) |
| Owner Occupied HU | 11,713 (54.2%) |
| Renter Occupied HU | 6,451 (29.9%) |
| Vacant Housing Units | 3,427 (15.9%) |
| Median Home Value | $182,550 |
| Average Home Value | $260,534 |
Housing Distribution
Address Breakdown
Residential
19,767
Single Family
17,144
Multi-Family
2,623
Businesses
1,421
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Listed by: Stacy Carney • Property Management of NWI, LL
Mls Name: NIRA
Mls Provider:
Mls ID: #817516
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.