








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 Valparaiso at 824 Elm St, Valparaiso, IN, 46383 at $284,900 posts ROI 21.35% with $113/mo cash flow from $1,823/mo rent. Total monthly income equals $1,823/mo, and annual cash flow records $1,359/yr on $94,444 to close. Return on cash invested measures 21.35% and rental yield reads 7.68% at the current $284,900. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,713 by year five. Five-year ROI prints 110.35% and total cumulative return in cash totals $104,219.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,823/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46383, Valparaiso, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,498 (100%) |
| Owner Occupied HU | 11,580 (62.6%) |
| Renter Occupied HU | 5,911 (32.0%) |
| Vacant Housing Units | 1,007 ( 5.4%) |
| Median Home Value | $323,566 |
| Average Home Value | $344,855 |
Residential
17,447
Single Family
14,830
Multi-Family
2,617
Businesses
1,505
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Anthony Sobczak • VIA Realty
Mls Name: NIRA
Mls ID: #828721