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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% |
Investment property for sale in Chesterton at 911 N 350 E, Chesterton, IN, 46304 projects strong ROI of 8.06%. Rental yield 3.21%. With 5% annual appreciation, the property builds $687,941 in value over five years. Equity growth combined delivers a projected five-year ROI of 38.93%, translating into $314,083 in total cumulative return on $806,760 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2008
20.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46304, Chesterton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,923 (100%) |
| Owner Occupied HU | 8,700 (73.0%) |
| Renter Occupied HU | 2,581 (21.6%) |
| Vacant Housing Units | 642 ( 5.4%) |
| Median Home Value | $313,394 |
| Average Home Value | $348,036 |
Residential
11,590
Single Family
11,019
Multi-Family
571
Businesses
1,010
Date | Event | Price |
|---|---|---|
| 2024-08-11 | Price change | $2,490,000 |
| 2024-03-06 | Listed for sale | $2,700,000 |
| 2024-02-19 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $1547.26 | 5.17% | $100,400 | N/A |
| 2022-10-16 | $1471.26 | 5.88% | $100,400 | N/A |
| 2021-10-16 | $1389.60 | -5.80% | $100,400 | 10.09% |
Listed by: Lee Mumaw • REMAX County Wide 1st
Mls Name: NIRA
Mls Provider:
Mls ID: #800428
Disclaimer: Copyright 2024 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.
