








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Crown Point at 5121 W 113th Ave, Crown Point, IN, 46307 offers a 8.05% rental yield on a $495,000 purchase with $3,322/mo rent. Total monthly income registers $3,322/mo, and a $2,423/mo payment leaves $350/mo available for distribution. Annual cash flow reaches $4,204/yr on $164,093 to close, and return on cash invested stands at 22.47% in year one. Equity gained on principal adds $3,194/yr while 5% annual appreciation supports $136,759 over five years. Portfolio math shows five-year ROI at 116.35% and total cumulative return in cash at $190,918. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,322/mo property income against a $2,423/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46307, Crown Point, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,493 (100%) |
| Owner Occupied HU | 23,758 (83.4%) |
| Renter Occupied HU | 3,580 (12.6%) |
| Vacant Housing Units | 1,155 ( 4.1%) |
| Median Home Value | $328,229 |
| Average Home Value | $358,457 |
Residential
27,816
Single Family
25,807
Multi-Family
2,009
Businesses
1,450
Date | Event | Price |
|---|---|---|
| 2025-06-20 | Listed for sale | $495,000 |
| 2024-09-12 | Listing removed | $320,000 |
| 2024-09-05 | Price change | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-23 | $59.74 | 11.75% | $3,200 | N/A |
| 2022-06-23 | $53.46 | -5.25% | $3,200 | 6.67% |
| 2021-06-23 | $56.42 | -0.49% | $3,000 | N/A |



Listed by: Brent Stegenga • Complete Asset Protection Serv
Mls Name: NIRA
Mls Provider:
Mls ID: #822917
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.