2800 S Marys LnRensselaerIN47978
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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 Rensselaer at 2800 S Marys Ln, Rensselaer, IN, 47978 listed at $239,900 pairs $1,865/mo rent with a $1,174/mo payment to leave $425/mo cash flow. Total monthly income runs $1,865/mo, and annual cash flow reaches $5,101/yr on $79,527 cash to close. Return on cash invested measures 26.32% in year one, and rental yield registers 9.33% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 137.05% and total cumulative return in cash totals $108,991. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,865/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47978, Rensselaer, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,710 (100%) |
| Owner Occupied HU | 3,173 (67.4%) |
| Renter Occupied HU | 1,190 (25.3%) |
| Vacant Housing Units | 347 ( 7.4%) |
| Median Home Value | $207,764 |
| Average Home Value | $254,811 |
Housing Distribution
Address Breakdown
Residential
4,454
Single Family
4,324
Multi-Family
130
Businesses
430
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Listed by: Terri Phegley • Cornerstone Real Estate Agency
Mls Name: NIRA
Mls Provider:
Mls ID: #824880
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.