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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in New Haven at 822 Park Ave, New Haven, IN, 46774 at $194,900 posts ROI 27.67% with $418/mo cash flow from $1,588/mo rent. Total monthly income equals $1,588/mo, and annual cash flow records $5,016/yr on $64,609 to close. Return on cash invested measures 27.67% and rental yield reads 9.78% at the current $194,900. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,847 by year five. Five-year ROI prints 144.22% and total cumulative return in cash totals $93,183.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,588/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1936
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,456 (100%) |
| Owner Occupied HU | 5,717 (76.7%) |
| Renter Occupied HU | 1,485 (19.9%) |
| Vacant Housing Units | 254 ( 3.4%) |
| Median Home Value | $214,229 |
| Average Home Value | $251,615 |
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
Date | Event | Price |
|---|---|---|
| 2025-07-25 | Listed for sale | $194,900 |
| 2019-11-04 | Sold | $103,000 |
| 2019-10-11 | Listed for sale | $99,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-27 | $912.14 | -8.14% | $144,000 | 25.44% |
| 2023-07-27 | $992.94 | 27.98% | $114,800 | 3.24% |
| 2022-07-27 | $775.84 | 26.31% | $111,200 | 20.48% |
What's Special
Pull Down Stairs,Storage
Listed by: Nicholas Krauter • Schrader RE and Auction/Fort Wayne
Mls Name: IRMLS
Mls Provider:
Mls ID: #202529120
Disclaimer: 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.
