400 NE Chalet St, Elkhart, IA, 50073 | Equity Gain $2,004/yr

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Elkhart at 400 NE Chalet St, Elkhart, IA, 50073 at $310,500 posts ROI -3.6% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -3.6% and rental yield reads 0% at the current $310,500. Equity gained on principal adds $2,004/yr, and 5% annual appreciation supports $85,785 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2025

0.27 Acres lot

$N/A/sqft

No HOA