ELM Plan, Kennebec, New Haven, IN, 46774 | $59/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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ELM Plan, Kennebec, New Haven, IN, 46774 | $59/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

Rental property for sale in New Haven at ELM Plan, Kennebec, New Haven, IN, 46774 offers $2,160/mo rent that, after a $1,713/mo payment, leaves $59/mo cash flow. Total monthly income is $2,160/mo, and annual cash flow is $710/yr on $115,992 cash. Return on cash invested measures 20.52% in year one, and rental yield stands at 7.41% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 105.92% and total cumulative return in cash reaches $122,862. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to the Elm, a spacious and versatile floorplan offering 2,415 square feet of comfortable living space. This Thoughtfully designed two-story home features 5 bedrooms, 3 bathrooms, and a convenient 2 or 3 car garage. Step into an open and inviting layout perfect for both relaxation and entertainment. The Elm boasts a well-appointed kitchen with ample counter space and a large pantry, ideal for home cooks and gatherings. The adjoining dining area and expansive family room create a seamless flow, making it easy to enjoy time with family and friends. Upstairs, you'll find generously sized bedrooms, including a serene primary suite with a private bathroom. With options for various elevations, exterior materials, and more, the Elm offers flexibility to match your style and needs. All D.R. Horton Fort Wayne homes include our Americas Smart Home Technology which allows you to monitor and control your home from your couch or from 500 miles away and connect to your home with your smartphone, tablet, or computer. Embrace a new level of comfort and modern living with the Elm. Photos representative of plan only and may vary as built.

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