








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 New Haven at 9487 Falcon Way, New Haven, IN, 46774 generates $2,823/mo in rent and, after a $2,153/mo payment, leaves $2/mo in cash flow. Total monthly income is $2,823/mo, and annual cash flow is $29/yr on $145,827 invested. Return on cash invested sits at 19.93% in year one, and rental yield is 7.7% on a $439,900 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 103.25% and total cumulative return in cash sums $150,567. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,823/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
10,236 sqft lot
$N/A/sqft
$180 monthly HOA
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,456 (100%) |
| Owner Occupied HU | 5,717 (76.7%) |
| Renter Occupied HU | 1,485 (19.9%) |
| Vacant Housing Units | 254 ( 3.4%) |
| Median Home Value | $214,229 |
| Average Home Value | $251,615 |
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
Date | Event | Price |
|---|---|---|
| 2025-04-02 | Listed for sale | $439,900 |
| 2016-12-15 | Sold | $250,000 |
| 2016-10-23 | Price change | $259,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $3635.00 | 3.92% | $424,400 | 16.75% |
| 2023-04-03 | $3498.00 | 18.02% | $363,500 | 3.92% |
| 2022-04-03 | $2964.00 | -1.10% | $349,800 | 18.02% |



What's Special
Pull Down Stairs,Storage
Listed by: Will G Rogers • Arch Group Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510870
Disclaimer: 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.