








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 Valparaiso at 520 Scenic View Ave, Valparaiso, IN, 46385 with 5% annual appreciation on a $399,900 basis while $2,743/mo rent supports operations. Total monthly income totals $2,743/mo and a $1,957/mo payment preserves $303/mo for cash returns. Annual cash flow comes to $3,638/yr on $132,567 deployed, and return on cash invested reaches 22.65% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 8.23%. Five-year ROI measures 117.47% and total cumulative return in cash totals $155,720.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,743/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
0.33 Acres lot
$N/A/sqft
$475 annually HOA
Neighborhood data shown for ZIP Code: 46385, Valparaiso, IN area.
| 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 |
Residential
16,777
Single Family
16,182
Multi-Family
595
Businesses
505
Date | Event | Price |
|---|---|---|
| 2025-04-25 | Listed for sale | $399,900 |
| 2018-10-19 | Sold | $229,000 |
| 2018-09-18 | Pending sale | $239,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-28 | $2845.48 | 1.59% | $417,600 | 7.05% |
| 2023-04-28 | $2800.84 | 15.15% | $390,100 | 9.61% |
| 2022-04-28 | $2432.24 | 46.16% | $355,900 | 15.22% |



Listed by: Maureen Stelter • Coldwell Banker Realty
Mls Name: NIRA
Mls Provider:
Mls ID: #819661
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