845 Summit Park Ct NCrown PointIN46307
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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
Rental property for sale in Crown Point at 845 Summit Park Ct N, Crown Point, IN, 46307 priced at $160,000 pairs $1,835/mo rent with $664/mo cash flow after a $783/mo payment. Total monthly income equals $1,835/mo, and annual cash flow comes to $7,964/yr on $53,040 invested. Return on cash invested is 34.92% in year one, and rental yield stands at 13.76% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 184.87% and total cumulative return in cash reaches $98,054. For financing, Ziffy Mortgage’s DSCR program evaluates $1,835/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
$211 monthly 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
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Listed by: Eric Lopez • RE/MAX Realty Associates
Mls Name: NIRA
Mls Provider:
Mls ID: #822951
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-04 21:27:41 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#185)