Cheyenne PC Plan, Prairie CreekMerrillvilleIN46410
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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
Investment property for sale in Merrillville at Cheyenne PC Plan, Prairie Creek, Merrillville, IN, 46410 listed at $305,900 pairs $2,986/mo rent with a $1,497/mo payment to leave $1,138/mo cash flow. Total monthly income runs $2,986/mo, and annual cash flow reaches $13,656/yr on $101,406 cash to close. Return on cash invested measures 33.38% in year one, and rental yield registers 11.71% at a $305,900 basis. Equity gained on principal adds $1,974/yr, and annual property appreciation at 5% supports $84,515 by year five. Five-year ROI tracks 174.87% and total cumulative return in cash totals $177,328. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,986/mo property income relative to a $1,497/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
$12 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46410, Merrillville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,618 (100%) |
| Owner Occupied HU | 10,197 (57.9%) |
| Renter Occupied HU | 6,280 (35.6%) |
| Vacant Housing Units | 1,141 ( 6.5%) |
| Median Home Value | $223,839 |
| Average Home Value | $250,345 |
Housing Distribution
Address Breakdown
Residential
17,068
Single Family
13,383
Multi-Family
3,685
Businesses
1,991
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Listed by: N/A • Accent Homes, Inc.
Mls Name: Accent Homes, Inc.
Mls Provider:
Mls ID: #N/A