962 Birch Dr #962CCrown PtIN46307
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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
Rental property for sale in Crown Pt at 962 Birch Dr #962C, Crown Pt, IN, 46307 generates $1,714/mo in rent and, after a $1,116/mo payment, leaves $170/mo in cash flow. Total monthly income is $1,714/mo, and annual cash flow is $2,044/yr on $75,582 invested. Return on cash invested sits at 22.61% in year one, and rental yield is 9.02% on a $228,000 entry. Equity gained on principal adds $1,471/yr, while 5% annual appreciation builds toward $62,992 over five years. Five-year ROI reaches 118.14% and total cumulative return in cash sums $89,295. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,714/mo property income rather than buyer’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46307, Crown Point, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
27,816
Single Family
25,807
Multi-Family
2,009
Businesses
1,450
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Listed by: Steve Likas • Century 21 Circle
Mls Name: NIRA
Mls Provider:
Mls ID: #822848
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-02 02:57:35 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#185)