CHAMPION 136 Parke Place Plan, Parke Place, Elkhart, IN, 46514 | $172/mo Cash Flow

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CHAMPION 136 Parke Place Plan, Parke Place, Elkhart, IN, 46514 | $172/mo Cash Flow | Ziffy

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 Elkhart at CHAMPION 136 Parke Place Plan, Parke Place, Elkhart, IN, 46514 with 5% annual appreciation on a $100,000 basis while $772/mo rent supports operations. Total monthly income totals $772/mo and a $489/mo payment preserves $172/mo for cash returns. Annual cash flow comes to $2,066/yr on $33,150 deployed, and return on cash invested reaches 26.14% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 9.26%. Five-year ROI measures 136.16% and total cumulative return in cash totals $45,136.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $772/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Manufactured

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Experience modern comfort and style in this stunning 2018 Champion home where quality upgrades are found at every turn. From the moment you arrive, you'll be welcomed by a beautiful, custom-built covered porch, perfect for relaxing or entertaining. Step inside to discover the residential feel of fully finished drywall throughout, creating a bright and seamless living space. This home is truly move-in ready and designed for effortless, contemporary living. The interior is packed with high-end features that set it apart. The dining room showcases a gorgeous built-in hutch, adding both elegance and practical storage. The master suite is a private retreat, featuring a spacious walk-in closet and a luxurious bathroom with a modern, glass-enclosed walk-in shower. With additional walk-in closets and countless other thoughtful details, this home offers a level of comfort and sophistication you have to see to believe. Schedule your private tour today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46514, Elkhart, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,284 (100%)
Owner Occupied HU	11,774 (64.4%)
Renter Occupied HU	5,434 (29.7%)
Vacant Housing Units	1,076 ( 5.9%)
Median Home Value	$219,702
Average Home Value	$252,263