5204 Woodmere CtValparaisoIN46383
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Valparaiso at 5204 Woodmere Ct, Valparaiso, IN, 46383 generates $3,066/mo in rent and, after a $2,165/mo payment, leaves $241/mo in cash flow. Total monthly income is $3,066/mo, and annual cash flow is $2,888/yr on $146,656 invested. Return on cash invested sits at 21.88% in year one, and rental yield is 8.32% on a $442,400 entry. Equity gained on principal adds $2,855/yr, while 5% annual appreciation builds toward $122,227 over five years. Five-year ROI reaches 113.65% and total cumulative return in cash sums $166,676. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,066/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
9,626 sqft lot
$N/A/sqft
$170 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46383, Valparaiso, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,498 (100%) |
| Owner Occupied HU | 11,580 (62.6%) |
| Renter Occupied HU | 5,911 (32.0%) |
| Vacant Housing Units | 1,007 ( 5.4%) |
| Median Home Value | $323,566 |
| Average Home Value | $344,855 |
Housing Distribution
Address Breakdown
Residential
17,447
Single Family
14,830
Multi-Family
2,617
Businesses
1,505
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jon Wolf • Realty Executives Premier
Mls Name: NIRA
Mls Provider:
Mls ID: #806922
Disclaimer: Copyright 2024 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.