3818 Sun Stone WayNew 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 3818 Sun Stone Way, New Haven, IN, 46774 generates $2,239/mo in rent and, after a $1,659/mo payment, leaves $171/mo in cash flow. Total monthly income is $2,239/mo, and annual cash flow is $2,057/yr on $112,379 invested. Return on cash invested sits at 21.74% in year one, and rental yield is 7.93% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 112.54% and total cumulative return in cash sums $126,472. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,239/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
8,276 sqft lot
$N/A/sqft
$323 annually 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: Chris Dougal • Trueblood Real Estate, LLC.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202544807
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.