3461 Prairie DrDyerIN46311
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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
Rental property for sale in Dyer at 3461 Prairie Dr, Dyer, IN, 46311 generates $4,000/mo in rent and, after a $2,681/mo payment, leaves $644/mo in cash flow. Total monthly income is $4,000/mo, and annual cash flow is $7,728/yr on $180,193 invested. Return on cash invested sits at 24.35% in year one, and rental yield is 8.76% on a $547,700 entry. Equity gained on principal adds $3,534/yr, while 5% annual appreciation builds toward $151,319 over five years. Five-year ROI reaches 126.53% and total cumulative return in cash sums $227,996. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,000/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46311, Dyer, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,550 (100%) |
| Owner Occupied HU | 8,584 (89.9%) |
| Renter Occupied HU | 622 ( 6.5%) |
| Vacant Housing Units | 344 ( 3.6%) |
| Median Home Value | $335,628 |
| Average Home Value | $375,557 |
Housing Distribution
Address Breakdown
Residential
9,212
Single Family
8,996
Multi-Family
216
Businesses
509
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Listed by: Wendy Embry • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #817797
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.