597 E 130th LnCrown PointIN46307
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 Crown Point at 597 E 130th Ln, Crown Point, IN, 46307 generates $3,600/mo in rent and, after a $2,231/mo payment, leaves $824/mo in cash flow. Total monthly income is $3,600/mo, and annual cash flow is $9,886/yr on $151,092 invested. Return on cash invested sits at 26.45% in year one, and rental yield is 9.48% on a $455,784 entry. Equity gained on principal adds $2,941/yr, while 5% annual appreciation builds toward $125,925 over five years. Five-year ROI reaches 137.79% and total cumulative return in cash sums $208,186. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,600/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.24 sqft lot
$N/A/sqft
$120 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julia Magagnotti • Haven Realty
Mls Name: NIRA
Mls Provider:
Mls ID: #822269
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.