4240 Iron Rock ChaseNew HavenIN46774
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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 New Haven at 4240 Iron Rock Chase, New Haven, IN, 46774 at $311,800 posts ROI 22.94% with $262/mo cash flow from $2,160/mo rent. Total monthly income equals $2,160/mo, and annual cash flow records $3,138/yr on $103,362 to close. Return on cash invested measures 22.94% and rental yield reads 8.31% at the current $311,800. Equity gained on principal adds $2,012/yr, and 5% annual appreciation supports $86,145 by year five. Five-year ROI prints 119.02% and total cumulative return in cash totals $123,021.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,160/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
9,408 sqft lot
$N/A/sqft
$323 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
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Listed by: Mary Sherer • ERA Crossroads
Mls Name: IRMLS
Mls Provider:
Mls ID: #202446741
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.