








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 New Haven at 5131 Bing Pass, New Haven, IN, 46774 at $312,000 posts ROI 30.9% with $947/mo cash flow from $2,820/mo rent. Total monthly income equals $2,820/mo, and annual cash flow records $11,366/yr on $103,428 to close. Return on cash invested measures 30.9% and rental yield reads 10.85% at the current $312,000. Equity gained on principal adds $2,013/yr, and 5% annual appreciation supports $86,200 by year five. Five-year ROI prints 161.57% and total cumulative return in cash totals $167,111.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,820/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
7,753 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
| 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 |
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
Date | Event | Price |
|---|---|---|
| 2025-03-27 | Sold | $312,000 |
| 2025-02-03 | Pending sale | $313,500 |
| 2025-01-04 | Price change | $313,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | N/A | N/A | $700 | N/A |



Listed by: Marie Edwards • HMS Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202419435
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.