281 Larwick CirValparaisoIN46385
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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
Rental property for sale in Valparaiso at 281 Larwick Cir, Valparaiso, IN, 46385 priced at $570,000 pairs $4,562/mo rent with $1,140/mo cash flow after a $2,790/mo payment. Total monthly income equals $4,562/mo, and annual cash flow comes to $13,683/yr on $187,530 invested. Return on cash invested is 27.36% in year one, and rental yield stands at 9.6% on a $570,000 basis. Equity gained on principal adds $3,678/yr, and 5% annual appreciation accumulates to $157,480 by year five. Five-year ROI measures 142.52% and total cumulative return in cash reaches $267,265. For financing, Ziffy Mortgage’s DSCR program evaluates $4,562/mo property income against a $2,790/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
N/A lot
$N/A/sqft
No 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: Bart Botkin • McColly Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12479856