685 Chellberge PassNew HavenIN46774
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 685 Chellberge Pass, New Haven, IN, 46774 in New Haven at $324,690, 4.21% gross yield, is a market-growth asset. Rental yield 4.21%. The $1,140/mo rent partially funds the $1,460/mo debt service; the core return is the 5%/yr price growth projected to add $89,706 over five years. Ziffy Mortgage's DSCR mortgage (0.78) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $70,836.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 9.2% |
| Monthly Cash Flow | $(842) | $300 |
City averages based on New Haven market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,140 |
| Total Monthly Debt Service | $1,820 |
| DSCR Ratio | 0.63x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2026
7,143 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,456 (100%) |
| Owner Occupied HU | 5,717 (76.7%) |
| Renter Occupied HU | 1,485 (19.9%) |
| Vacant Housing Units | 254 ( 3.4%) |
| Median Home Value | $214,229 |
| Average Home Value | $251,615 |
Housing Distribution
Address Breakdown
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
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
Condo
Built in 2026
7,143 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,456 (100%) |
| Owner Occupied HU | 5,717 (76.7%) |
| Renter Occupied HU | 1,485 (19.9%) |
| Vacant Housing Units | 254 ( 3.4%) |
| Median Home Value | $214,229 |
| Average Home Value | $251,615 |
Housing Distribution
Address Breakdown
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices