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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New Haven at 3706 Norland Ln, New Haven, IN, 46774 generates $1,714/mo in rent and, after a $1,052/mo payment, leaves $424/mo in cash flow. Total monthly income is $1,714/mo, and annual cash flow is $5,086/yr on $71,239 invested. Return on cash invested sits at 27.05% in year one, and rental yield is 9.57% on a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 140.88% and total cumulative return in cash sums $100,362. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,714/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
| 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 |
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Baylee McMaken • American Dream Team Real Estate Brokers
Mls Name: IRMLS
Mls ID: #202544732
