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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 Crown Point at 319 Michele Ave, Crown Point, IN, 46307 at $320,000 posts ROI 30.65% with $950/mo cash flow from $2,887/mo rent. Total monthly income equals $2,887/mo, and annual cash flow records $11,398/yr on $106,080 to close. Return on cash invested measures 30.65% and rental yield reads 10.83% at the current $320,000. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 by year five. Five-year ROI prints 160.29% and total cumulative return in cash totals $170,031.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,887/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
10,789 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46307, Crown Point, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,493 (100%) |
| Owner Occupied HU | 23,758 (83.4%) |
| Renter Occupied HU | 3,580 (12.6%) |
| Vacant Housing Units | 1,155 ( 4.1%) |
| Median Home Value | $328,229 |
| Average Home Value | $358,457 |
Residential
27,816
Single Family
25,807
Multi-Family
2,009
Businesses
1,450
Date | Event | Price |
|---|---|---|
| 2025-04-01 | Sold | $320,000 |
| 2025-02-04 | Contingent | $325,000 |
| 2025-01-28 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $2854.96 | 4.22% | $284,700 | 10.01% |
| 2023-10-29 | $2739.34 | 24.22% | $258,800 | 4.61% |
| 2022-10-29 | $2205.18 | -2.51% | $247,400 | 23.45% |
Listed by: Jana Caudill • eXp Realty, LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #815437
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-29 04:33:02 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#185)
