8143 Grace StHighlandIN46322
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
Investment property for sale in Highland at 8143 Grace St, Highland, IN, 46322 at $249,000 posts ROI 29.05% with $629/mo cash flow from $2,124/mo rent. Total monthly income equals $2,124/mo, and annual cash flow records $7,548/yr on $82,544 to close. Return on cash invested measures 29.05% and rental yield reads 10.24% at the current $249,000. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 by year five. Five-year ROI prints 151.68% and total cumulative return in cash totals $125,204.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,124/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
6,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46322, Highland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,588 (100%) |
| Owner Occupied HU | 7,922 (74.8%) |
| Renter Occupied HU | 2,280 (21.5%) |
| Vacant Housing Units | 386 ( 3.6%) |
| Median Home Value | $243,747 |
| Average Home Value | $271,248 |
Housing Distribution
Address Breakdown
Residential
10,380
Single Family
8,500
Multi-Family
1,880
Businesses
918
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daren Huber • Coldwell Banker Realty
Mls Name: NIRA
Mls Provider:
Mls ID: #819264
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.