405 Chester AveValparaisoIN46383
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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 405 Chester Ave, Valparaiso, IN, 46383 with 5% annual appreciation on a $229,999 basis while $2,005/mo rent supports operations. Total monthly income totals $2,005/mo and a $1,126/mo payment preserves $288/mo for cash returns. Annual cash flow comes to $3,457/yr on $76,245 deployed, and return on cash invested reaches 24.44% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,544 alongside rental yield of 10.46%. Five-year ROI measures 128.89% and total cumulative return in cash totals $98,274.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,005/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
6,969 sqft 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: Geri Rose • Brokerworks Group
Mls Name: NIRA
Mls Provider:
Mls ID: #820058
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.