8986 Calumet AveSaint JohnIN46373
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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
Investment property for sale in Saint John at 8986 Calumet Ave, Saint John, IN, 46373 offers a 8.49% rental yield on a $749,900 purchase with $5,303/mo rent. Total monthly income registers $5,303/mo, and a $3,670/mo payment leaves $802/mo available for distribution. Annual cash flow reaches $9,622/yr on $246,717 to close, and return on cash invested stands at 23.96% in year one. Equity gained on principal adds $4,839/yr while 5% annual appreciation supports $207,184 over five years. Portfolio math shows five-year ROI at 124.29% and total cumulative return in cash at $306,634. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,303/mo property income against a $3,670/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
0.52 Acres lot
$N/A/sqft
No HOA
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Listed by: Gina Guarino • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #824320
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