321 E Elizabeth DrCrown PointIN46307
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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 Crown Point at 321 E Elizabeth Dr, Crown Point, IN, 46307 with 5% annual appreciation on a $329,000 basis while $3,127/mo rent supports operations. Total monthly income totals $3,127/mo and a $1,610/mo payment preserves $1,152/mo for cash returns. Annual cash flow comes to $13,828/yr on $109,064 deployed, and return on cash invested reaches 32.59% in year one. Equity gained on principal adds $2,123/yr, and five-year appreciation sums $90,897 alongside rental yield of 11.41%. Five-year ROI measures 170.61% and total cumulative return in cash totals $186,069.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,127/mo property income versus a $1,610/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46307, Crown Point, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
27,816
Single Family
25,807
Multi-Family
2,009
Businesses
1,450
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Listed by: Shawn Smead • @properties/Christie's Intl RE
Mls Name: NIRA
Mls ID: #827686