352 Sheffield DrValparaisoIN46383
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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 Valparaiso at 352 Sheffield Dr, Valparaiso, IN, 46383 priced at $419,500 converts $2,640/mo rent into $122/mo cash flow after a $2,053/mo obligation. Total monthly income equals $2,640/mo, and annual cash flow totals $1,465/yr on $139,064 invested. Return on cash invested prints 20.96% in year one, and rental yield reads 7.55% against a $419,500 entry. Equity gained on principal adds $2,707/yr, while 5% annual appreciation compiles into $115,900 by year five. Five-year ROI reaches 108.27% and total cumulative return in cash sums $150,558. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $2,053/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46383, Valparaiso, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,498 (100%) |
| Owner Occupied HU | 11,580 (62.6%) |
| Renter Occupied HU | 5,911 (32.0%) |
| Vacant Housing Units | 1,007 ( 5.4%) |
| Median Home Value | $323,566 |
| Average Home Value | $344,855 |
Housing Distribution
Address Breakdown
Residential
17,447
Single Family
14,830
Multi-Family
2,617
Businesses
1,505
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Listed by: Matt Evans • RE/MAX Lifestyles
Mls Name: NIRA
Mls ID: #822815