490 Ashford LnValparaisoIN46385
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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
Rental property for sale in Valparaiso at 490 Ashford Ln, Valparaiso, IN, 46385 generates $3,606/mo in rent and, after a $2,153/mo payment, leaves $965/mo in cash flow. Total monthly income is $3,606/mo, and annual cash flow is $11,585/yr on $145,827 invested. Return on cash invested sits at 27.85% in year one, and rental yield is 9.84% on a $439,900 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 145.21% and total cumulative return in cash sums $211,755. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,606/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.43 Acres 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: Jason Chatwell • The Chatwell Group Real Estate
Mls Name: NIRA
Mls ID: #830294