387 E Tratebas RdValparaisoIN46383
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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
Investment property for sale in Valparaiso at 387 E Tratebas Rd, Valparaiso, IN, 46383 uses $132,567 cash to close to unlock $11,289/yr annual cash flow and $941/mo monthly cash flow. Total monthly income runs $3,341/mo, and a $1,957/mo payment keeps the spread at $941/mo. Purchase price stands at $399,900, and rental yield measures 10.03% with $3,341/mo rent. Return on cash invested shows 28.42% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 148.26% and total cumulative return in cash records $196,544. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,341/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1980
1.03 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: Crystal Soliday • @properties/Christie's Intl RE
Mls Name: NIRA
Mls Provider:
Mls ID: #821520
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