540 Sequoia CtChestertonIN46304
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
Investment property for sale in Chesterton at 540 Sequoia Ct, Chesterton, IN, 46304 uses $197,400 cash to close to unlock $6,988/yr annual cash flow and $582/mo monthly cash flow. Total monthly income runs $4,330/mo, and a $2,937/mo payment keeps the spread at $582/mo. Purchase price stands at $600,000, and rental yield measures 8.66% with $4,330/mo rent. Return on cash invested shows 23.6% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 122.69% and total cumulative return in cash records $242,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,330/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Single Family
Built in 2019
0.27 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46304, Chesterton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,923 (100%) |
| Owner Occupied HU | 8,700 (73.0%) |
| Renter Occupied HU | 2,581 (21.6%) |
| Vacant Housing Units | 642 ( 5.4%) |
| Median Home Value | $313,394 |
| Average Home Value | $348,036 |
Housing Distribution
Address Breakdown
Residential
11,590
Single Family
11,019
Multi-Family
571
Businesses
1,010
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danek Znika • Brokerworks Group
Mls Name: NIRA
Mls Provider:
Mls ID: #819349
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.