5948 E 112th AveWinfieldIN46307
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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 Winfield at 5948 E 112th Ave, Winfield, IN, 46307 uses $171,358 cash to close to unlock $4,245/yr annual cash flow and $354/mo monthly cash flow. Total monthly income runs $3,480/mo, and a $2,549/mo payment keeps the spread at $354/mo. Purchase price stands at $520,845, and rental yield measures 8.02% with $3,480/mo rent. Return on cash invested shows 22.54% in year one, and 5% annual appreciation builds toward $143,900 over five years. Five-year ROI reaches 116.65% and total cumulative return in cash records $199,896. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,480/mo property income covering a $2,549/mo payment rather than investor’s personal income.
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46307, Crown Point, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,493 (100%) |
| Owner Occupied HU | 23,758 (83.4%) |
| Renter Occupied HU | 3,580 (12.6%) |
| Vacant Housing Units | 1,155 ( 4.1%) |
| Median Home Value | $328,229 |
| Average Home Value | $358,457 |
Housing Distribution
Address Breakdown
Residential
27,816
Single Family
25,807
Multi-Family
2,009
Businesses
1,450
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