6784 Tucson RdScherervilleIN46375
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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
Rental property for sale in Schererville at 6784 Tucson Rd, Schererville, IN, 46375 priced at $540,782 converts $3,594/mo rent into $302/mo cash flow after a $2,647/mo obligation. Total monthly income equals $3,594/mo, and annual cash flow totals $3,628/yr on $177,917 invested. Return on cash invested prints 22.1% in year one, and rental yield reads 7.98% against a $540,782 entry. Equity gained on principal adds $3,490/yr, while 5% annual appreciation compiles into $149,408 by year five. Five-year ROI reaches 114.44% and total cumulative return in cash sums $203,600. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,594/mo property income covering a $2,647/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.33 Acres lot
$N/A/sqft
$136 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46375, Schererville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,551 (100%) |
| Owner Occupied HU | 8,260 (78.3%) |
| Renter Occupied HU | 1,893 (17.9%) |
| Vacant Housing Units | 398 ( 3.8%) |
| Median Home Value | $327,752 |
| Average Home Value | $358,935 |
Housing Distribution
Address Breakdown
Residential
10,438
Single Family
9,295
Multi-Family
1,143
Businesses
1,045
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Listed by: Thomas Cummings • Keller Williams Preferred Real
Mls Name: NIRA
Mls Provider:
Mls ID: #819043
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.