741 Pettibone StCrown PointIN46307
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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 Crown Point at 741 Pettibone St, Crown Point, IN, 46307 with 5% annual appreciation on a $429,900 basis while $2,756/mo rent supports operations. Total monthly income totals $2,756/mo and a $2,104/mo payment preserves $176/mo for cash returns. Annual cash flow comes to $2,106/yr on $142,512 deployed, and return on cash invested reaches 21.39% in year one. Equity gained on principal adds $2,774/yr, and five-year appreciation sums $118,773 alongside rental yield of 7.69%. Five-year ROI measures 110.53% and total cumulative return in cash totals $157,519.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,756/mo property income versus a $2,104/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.27 Acres 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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Listed by: Monica O'Donnell • North Star Properties, LLC
Mls Name: NIRA
Mls ID: #832959