9750 Sweetspire AveSaint JohnIN46373
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 9750 Sweetspire Ave, Saint John, IN, 46373 in Saint John the bet is firmly on appreciation. Rental yield 3.38%. The 3.38% gross yield on a $1,299,999 price is below income-first thresholds, but 5%/yr value growth projects $359,166 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.63) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $222,970.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.4% | 6.0% |
| Monthly Cash Flow | $(4,181) | $300 |
City averages based on Saint John market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,660 |
| Total Monthly Debt Service | $7,324 |
| DSCR Ratio | 0.50x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
0.79 Acres lot
$N/A/sqft
$450 annually HOA
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
Single Family
Built in 2025
0.79 Acres lot
$N/A/sqft
$450 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Grady • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #817926
Disclaimer: Copyright 2025 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.