453 Chestnut StValparaisoIN46385
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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 453 Chestnut St, Valparaiso, IN, 46385 with 5% annual appreciation on a $440,000 basis while $2,358/mo rent supports operations. 58% in year one. Equity gained on principal adds $2,839/yr, and five-year appreciation sums $121,564 alongside rental yield of 6.43%. Five-year ROI measures 90.1% and total cumulative return in cash totals $131,422. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,358/mo property income versus a $2,154/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1928
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46385, Valparaiso, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,104 (100%) |
| Owner Occupied HU | 14,253 (83.3%) |
| Renter Occupied HU | 2,163 (12.6%) |
| Vacant Housing Units | 688 ( 4.0%) |
| Median Home Value | $335,578 |
| Average Home Value | $360,727 |
Housing Distribution
Address Breakdown
Residential
16,777
Single Family
16,182
Multi-Family
595
Businesses
505
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Listed by: Hannah Trueblood • @properties/Christie's Intl RE
Mls Name: NIRA
Mls ID: #832099