7650 E 117th PlWinfieldIN46307
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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 Winfield at 7650 E 117th Pl, Winfield, IN, 46307 generates $3,790/mo in rent and, after a $2,594/mo payment, leaves $570/mo in cash flow. Total monthly income is $3,790/mo, and annual cash flow is $6,840/yr on $174,337 invested. Return on cash invested sits at 23.98% in year one, and rental yield is 8.58% on a $529,900 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 124.54% and total cumulative return in cash sums $217,115. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,790/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.27 Acres lot
$N/A/sqft
$464 annually 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: Alexander Nickla • Realty Executives Premier
Mls Name: NIRA
Mls Provider:
Mls ID: #818363
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.