801 E Clark StCrown PointIN46307
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 Crown Point at 801 E Clark St, Crown Point, IN, 46307 priced at $250,000 converts $1,708/mo rent into $207/mo cash flow after a $1,224/mo obligation. Total monthly income equals $1,708/mo, and annual cash flow totals $2,483/yr on $82,875 invested. Return on cash invested prints 22.9% in year one, and rental yield reads 8.2% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 118.67% and total cumulative return in cash sums $98,350. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,708/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 1900
9,766 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Judith Serocinski • Realty Executives Premier
Mls Name: NIRA
Mls ID: #826087