623 Oxbow RdValparaisoIN46385
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 623 Oxbow Rd, Valparaiso, IN, 46385 generates $1,677/mo in rent and, after a $1,224/mo payment, leaves $176/mo in cash flow. Total monthly income is $1,677/mo, and annual cash flow is $2,111/yr on $82,875 invested. Return on cash invested sits at 22.46% in year one, and rental yield is 8.05% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 116.24% and total cumulative return in cash sums $96,334. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,677/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
8,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46385, Valparaiso, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,777
Single Family
16,182
Multi-Family
595
Businesses
505
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Listed by: Judith Serocinski • Realty Executives Premier
Mls Name: NIRA
Mls ID: #826658