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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 4027 Willow Bay Dr, New Haven, IN, 46774 offers $2,273/mo rent that, after a $1,492/mo payment, leaves $443/mo cash flow. Total monthly income is $2,273/mo, and annual cash flow is $5,317/yr on $101,074 cash. Return on cash invested measures 25.17% in year one, and rental yield stands at 8.95% at a $304,900 entry. Equity gained on principal adds $1,967/yr while 5% annual appreciation compounds into $84,238 by year five. Five-year ROI records 130.85% and total cumulative return in cash reaches $132,254. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,273/mo property income versus a $1,492/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.33 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 |
|---|---|---|
| 2025-03-24 | Listed for sale | $304,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-26 | $2312.00 | 6.30% | $231,200 | N/A |
| 2023-03-26 | $2175.00 | 14.53% | $231,200 | 6.30% |
| 2022-03-26 | $1899.00 | 4.05% | $217,500 | 14.53% |
What's Special
Pull Down Stairs,Storage
Listed by: Joel W Essex • Joel Essex Real Estate, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509616
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.
