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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in New Haven at 311 Cottonwood Dr, New Haven, IN, 46774 with 5% annual appreciation on a $190,000 basis while $1,390/mo rent supports operations. Total monthly income totals $1,390/mo and a $930/mo payment preserves $249/mo for cash returns. Annual cash flow comes to $2,993/yr on $62,985 deployed, and return on cash invested reaches 24.66% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,494 alongside rental yield of 8.78%. Five-year ROI measures 128.13% and total cumulative return in cash totals $80,700.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,390/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
| 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 |
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
Date | Event | Price |
|---|---|---|
| 2025-06-25 | Sold | $190,000 |
| 2025-05-14 | Pending sale | $199,900 |
| 2025-05-05 | Listed for sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $570.78 | N/A | $115,500 | 4.43% |
| 2023-10-14 | N/A | N/A | $110,600 | 342.40% |
| 2022-10-14 | $160.08 | 5.29% | $25,000 | 2.46% |
Listed by: Broden Birk • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516055
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.
