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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% |
Rental property for sale in Crown Point at 8455 Morse Pl, Crown Point, IN, 46307 generates $1,849/mo in rent and, after a $1,346/mo payment, leaves $177/mo in cash flow. Total monthly income is $1,849/mo, and annual cash flow is $2,126/yr on $91,163 invested. Return on cash invested sits at 22.24% in year one, and rental yield is 8.07% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 115.26% and total cumulative return in cash sums $105,071. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,849/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46307, Crown Point, IN area.
| 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 |
Residential
27,816
Single Family
25,807
Multi-Family
2,009
Businesses
1,450
Date | Event | Price |
|---|---|---|
| 2025-08-02 | Listed for sale | $275,000 |
| 2025-06-25 | Sold | $240,500 |
| 2025-05-24 | Pending sale | $240,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-04 | $2535.84 | 14.15% | $350,300 | 2.46% |
| 2023-08-04 | $2221.42 | 11.77% | $341,900 | 24.55% |
| 2022-08-04 | $1987.50 | 1.70% | $274,500 | 6.93% |
Listed by: William Dulin • Listing Leaders
Mls Name: NIRA
Mls Provider:
Mls ID: #825346
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.
