3008 Hollendale DrNew HavenIN46774
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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 New Haven at 3008 Hollendale Dr, New Haven, IN, 46774 uses $67,958 cash to close to unlock $6,897/yr annual cash flow and $575/mo monthly cash flow. Total monthly income runs $1,805/mo, and a $1,003/mo payment keeps the spread at $575/mo. Purchase price stands at $205,000, and rental yield measures 10.57% with $1,805/mo rent. Return on cash invested shows 30.06% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 157.02% and total cumulative return in cash records $106,710. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,805/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1978
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,456 (100%) |
| Owner Occupied HU | 5,717 (76.7%) |
| Renter Occupied HU | 1,485 (19.9%) |
| Vacant Housing Units | 254 ( 3.4%) |
| Median Home Value | $214,229 |
| Average Home Value | $251,615 |
Housing Distribution
Address Breakdown
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
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Listed by: Cynthia Garrett • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202531342
Disclaimer: 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.