984 Rookery Way, New Haven, IN, 46774 | $285/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Haven at 984 Rookery Way, New Haven, IN, 46774 uses $103,537 cash to close to unlock $3,418/yr annual cash flow and $285/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,529/mo payment keeps the spread at $285/mo. Purchase price stands at $312,330, and rental yield measures 8.3% with $2,160/mo rent. Return on cash invested shows 23.21% in year one, and 5% annual appreciation builds toward $86,291 over five years. Five-year ROI reaches 120.31% and total cumulative return in cash records $124,567. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,529/mo payment rather than investor’s personal income.

Single Family

Built in 2025

7,492 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.

Housing Distribution

Housing Statistics

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