414 Whitewood DrScherervilleIN46375
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 Schererville at 414 Whitewood Dr, Schererville, IN, 46375 at $490,900 posts ROI 24.5% with $623/mo cash flow from $3,570/mo rent. Total monthly income equals $3,570/mo, and annual cash flow records $7,475/yr on $162,733 to close. Return on cash invested measures 24.5% and rental yield reads 8.73% at the current $490,900. Equity gained on principal adds $3,168/yr, and 5% annual appreciation supports $135,627 by year five. Five-year ROI prints 127.22% and total cumulative return in cash totals $207,031.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,570/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46375, Schererville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,551 (100%) |
| Owner Occupied HU | 8,260 (78.3%) |
| Renter Occupied HU | 1,893 (17.9%) |
| Vacant Housing Units | 398 ( 3.8%) |
| Median Home Value | $327,752 |
| Average Home Value | $358,935 |
Housing Distribution
Address Breakdown
Residential
10,438
Single Family
9,295
Multi-Family
1,143
Businesses
1,045
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Yanez • Favela Real Estate, LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #826592
Disclaimer: Based on information submitted to the MLS GRID as of 2025-12-19 02:37:18 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#185)