Lancaster Plan, Providence at Summer Tree EstatesCrown PointIN46307
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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
Rental property for sale in Crown Point at Lancaster Plan, Providence at Summer Tree Estates, Crown Point, IN, 46307 priced at $377,995 converts $2,618/mo rent into $311/mo cash flow after a $1,850/mo obligation. Total monthly income equals $2,618/mo, and annual cash flow totals $3,733/yr on $125,305 invested. Return on cash invested prints 22.89% in year one, and rental yield reads 8.31% against a $377,995 entry. Equity gained on principal adds $2,439/yr, while 5% annual appreciation compiles into $104,433 by year five. Five-year ROI reaches 118.74% and total cumulative return in cash sums $148,783. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,618/mo property income covering a $1,850/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$38 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46307, Crown Point, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,493 (100%) |
| Owner Occupied HU | 23,758 (83.4%) |
| Renter Occupied HU | 3,580 (12.6%) |
| Vacant Housing Units | 1,155 ( 4.1%) |
| Median Home Value | $328,229 |
| Average Home Value | $358,457 |
Housing Distribution
Address Breakdown
Residential
27,816
Single Family
25,807
Multi-Family
2,009
Businesses
1,450
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Listed by: N/A • Providence Homes
Mls Name: Providence Homes
Mls ID: #N/A