51283 Leeward PointGrangerIN46530
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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 Granger at 51283 Leeward Point, Granger, IN, 46530 earns $562/mo cash flow from $4,031/mo rent with a $2,814/mo payment. Total monthly income totals $4,031/mo, and annual cash flow totals $6,744/yr on $189,175 capital. ROI tracks 23.62% on current figures, and rental yield reads 8.41% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 122.52% and total cumulative return in cash sums $231,779. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,031/mo property income instead of your personal income.
Single Family
Built in 2000
0.49 Acres lot
$N/A/sqft
$213 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46530, Granger, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,467 (100%) |
| Owner Occupied HU | 10,079 (80.8%) |
| Renter Occupied HU | 1,813 (14.5%) |
| Vacant Housing Units | 575 ( 4.6%) |
| Median Home Value | $318,617 |
| Average Home Value | $362,554 |
Housing Distribution
Address Breakdown
Residential
12,208
Single Family
11,173
Multi-Family
1,035
Businesses
834
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Listed by: Jan Lazzara • RE/MAX 100
Mls Name: IRMLS
Mls Provider:
Mls ID: #202426566
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.