510 South St, New Haven, IN, 46774 | $1,109/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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510 South St, New Haven, IN, 46774 | $1,109/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Haven at 510 South St, New Haven, IN, 46774 earns $1,109/mo cash flow from $2,160/mo rent with a $857/mo payment. Total monthly income totals $2,160/mo, and annual cash flow totals $13,308/yr on $58,013 capital. ROI tracks 42.85% on current figures, and rental yield reads 14.81% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 225.73% and total cumulative return in cash sums $130,951. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,160/mo property income instead of your personal income.

Single Family

Built in 1920

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this spacious 5-bedroom, 2.5-bath home, offering over 1,760 square feet of comfortable living space. Recently remodeled bathrooms bring a fresh, modern touch, while the generous layout gives you flexibility for guests or a home office. With five true bedrooms, this home ensures space for everyone without compromise. Fenced-in back yard. A full basement provides ample storage. Dont miss the opportunity to make this home your own!

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