3853 Lookout RdValparaisoIN46385
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Valparaiso at 3853 Lookout Rd, Valparaiso, IN, 46385 listed at $474,743 pairs $3,320/mo rent with a $2,324/mo payment to leave $416/mo cash flow. Total monthly income runs $3,320/mo, and annual cash flow reaches $4,990/yr on $157,377 cash to close. Return on cash invested measures 23.08% in year one, and rental yield registers 8.39% at a $474,743 basis. Equity gained on principal adds $3,063/yr, and annual property appreciation at 5% supports $131,163 by year five. Five-year ROI tracks 119.74% and total cumulative return in cash totals $188,446. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,320/mo property income relative to a $2,324/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.27 Acres lot
$N/A/sqft
$162 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46385, Valparaiso, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,104 (100%) |
| Owner Occupied HU | 14,253 (83.3%) |
| Renter Occupied HU | 2,163 (12.6%) |
| Vacant Housing Units | 688 ( 4.0%) |
| Median Home Value | $335,578 |
| Average Home Value | $360,727 |
Housing Distribution
Address Breakdown
Residential
16,777
Single Family
16,182
Multi-Family
595
Businesses
505
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jon Wolf • Realty Executives Premier
Mls Name: NIRA
Mls Provider:
Mls ID: #819208
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.