3306 Morgan Creek Ct, Valparaiso, IN, 46385 | $543/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3306 Morgan Creek Ct, Valparaiso, IN, 46385 | $543/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1040 sft

2035 W 75th Pl UNIT 21, Merrillville, IN, 46410

2 Bed
2 Bath
1468 sft

11817 Kentucky St, Crown Point, IN, 46307

3 Bed
2 Bath
1415 sft

Adler Plan, The Willows, Crown Point, IN, 46307

2 Bed
2 Bath
1204 sft

8686 Van Buren St, Merrillville, IN, 46410

Nearby investment properties with comparable prices

3 Bed
2 Bath
1744 sft

1681 Jonquil Dr, Lowell, IN, 46356

3 Bed
2 Bath
1104 sft

612 W 100 S, Hebron, IN, 46341

3 Bed
2 Bath
2568 sft

9323 W 85th Ave, Schererville, IN, 46375

2 Bed
1 Bath
912 sft

321 Maple Ln, Crown Point, IN, 46307

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Valparaiso at 3306 Morgan Creek Ct, Valparaiso, IN, 46385 earns $543/mo cash flow from $1,984/mo rent with a $1,175/mo payment. Total monthly income totals $1,984/mo, and annual cash flow totals $6,516/yr on $79,560 capital. ROI tracks 28.1% on current figures, and rental yield reads 9.92% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 146.5% and total cumulative return in cash sums $116,558. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,984/mo property income instead of your personal income.

Condo

Built in 1998

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this beautifully updated End-unit condo offering comfort, style, and peaceful views. This 2-bedroom, 2-full-bath home and 1 Car Garage features a spacious master suite with a walk-in closet and private bath. Enjoy a serene setting next to a tree line filled with wildlife. You'll love watching deer, ducks, rabbits, and songbirds right from your patio! The west-facing patio is the perfect spot to relax and take in beautiful sunset views, complete with a lush hydrangea bush adding color and charm. Inside, nearly every detail has been thoughtfully updated: -Quartz countertops and a large stainless-steel farmhouse sink with pull-down faucet -Newer stainless appliances (2019) -All new flooring throughout (2021) -Freshly painted walls, trim, and doors (2022) -New outlets and switches for a clean, modern look (2022) -Furnace replaced in 2016 -Newer Kohler toilets -Master Closet Shelves and Drawers A private garage with built-in storage offers convenience and extra space for organization. The Dog Park is a 5-minute walk away as well as Butterfly Park! Don't miss this move-in-ready condo that perfectly blends comfort, updates, and a peaceful natural setting!

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