Integrity 2190 Plan, Mayfield Place, Michigan City, IN, 46360 | $1,150/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 Michigan City at Integrity 2190 Plan, Mayfield Place, Michigan City, IN, 46360 uses $117,649 cash to close to unlock $13,796/yr annual cash flow and $1,150/mo monthly cash flow. Total monthly income runs $3,280/mo, and a $1,737/mo payment keeps the spread at $1,150/mo. Purchase price stands at $354,900, and rental yield measures 11.09% with $3,280/mo rent. Return on cash invested shows 31.64% in year one, and 5% annual appreciation builds toward $98,052 over five years. Five-year ROI reaches 165.5% and total cumulative return in cash records $194,704. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,280/mo property income covering a $1,737/mo payment rather than investor’s personal income.

Single Family

Built in 2026

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46360, Michigan City, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,591 (100%)
Owner Occupied HU	11,713 (54.2%)
Renter Occupied HU	6,451 (29.9%)
Vacant Housing Units	3,427 (15.9%)
Median Home Value	$182,550
Average Home Value	$260,534