801 Fox Point DrChestertonIN46304
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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 Chesterton at 801 Fox Point Dr, Chesterton, IN, 46304 with 5% annual appreciation on a $309,000 basis while $2,148/mo rent supports operations. Total monthly income totals $2,148/mo and a $1,512/mo payment preserves $269/mo for cash returns. Annual cash flow comes to $3,229/yr on $102,434 deployed, and return on cash invested reaches 23.06% in year one. Equity gained on principal adds $1,994/yr, and five-year appreciation sums $85,371 alongside rental yield of 8.34%. Five-year ROI measures 119.65% and total cumulative return in cash totals $122,561.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,148/mo property income versus a $1,512/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
10,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46304, Chesterton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,923 (100%) |
| Owner Occupied HU | 8,700 (73.0%) |
| Renter Occupied HU | 2,581 (21.6%) |
| Vacant Housing Units | 642 ( 5.4%) |
| Median Home Value | $313,394 |
| Average Home Value | $348,036 |
Housing Distribution
Address Breakdown
Residential
11,590
Single Family
11,019
Multi-Family
571
Businesses
1,010
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Listed by: Olga Petryszyn • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #819074
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.