859 Kinsey StValparaisoIN46385
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 Valparaiso at 859 Kinsey St, Valparaiso, IN, 46385 at $244,900 posts ROI 27.35% with $504/mo cash flow from $1,974/mo rent. Total monthly income equals $1,974/mo, and annual cash flow records $6,043/yr on $81,184 to close. Return on cash invested measures 27.35% and rental yield reads 9.67% at the current $244,900. Equity gained on principal adds $1,580/yr, and 5% annual appreciation supports $67,661 by year five. Five-year ROI prints 142.54% and total cumulative return in cash totals $115,721.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,974/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
827.64 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46385, Valparaiso, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,104 (100%) |
| Owner Occupied HU | 14,253 (83.3%) |
| Renter Occupied HU | 2,163 (12.6%) |
| Vacant Housing Units | 688 ( 4.0%) |
| Median Home Value | $335,578 |
| Average Home Value | $360,727 |
Housing Distribution
Address Breakdown
Residential
16,777
Single Family
16,182
Multi-Family
595
Businesses
505
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Nearby investment properties with comparable prices
Listed by: Amy Wright • @properties/Christie's Intl RE
Mls Name: NIRA
Mls ID: #828557