3575 Canal Square DrNew HavenIN46774
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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 New Haven at 3575 Canal Square Dr, New Haven, IN, 46774 priced at $259,500 pairs $1,434/mo rent with after a $1,270/mo payment. Total monthly income equals $1,434/mo. Return on cash invested is 16.03% in year one, and rental yield stands at 6.63% on a $259,500 basis. Equity gained on principal adds $1,675/yr, and 5% annual appreciation accumulates to $71,695 by year five. Five-year ROI measures 82.64% and total cumulative return in cash reaches $71,093. For financing, Ziffy Mortgage’s DSCR program evaluates $1,434/mo property income against a $1,270/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
3,092 sqft lot
$N/A/sqft
$463 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,456 (100%) |
| Owner Occupied HU | 5,717 (76.7%) |
| Renter Occupied HU | 1,485 (19.9%) |
| Vacant Housing Units | 254 ( 3.4%) |
| Median Home Value | $214,229 |
| Average Home Value | $251,615 |
Housing Distribution
Address Breakdown
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
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Listed by: Mary Sherer • ERA Crossroads
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514339
Disclaimer: 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.