Lancia's Springfield II Plan, Victoria Lakes, New Haven, New Haven, IN, 46774 | $818/mo Cash Flow

For Sale

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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 Lancia's Springfield II Plan, Victoria Lakes, New Haven, New Haven, IN, 46774 priced at $253,000 converts $2,363/mo rent into $818/mo cash flow after a $1,238/mo obligation. Total monthly income equals $2,363/mo, and annual cash flow totals $9,811/yr on $83,870 invested. Return on cash invested prints 31.61% in year one, and rental yield reads 11.21% against a $253,000 entry. Equity gained on principal adds $1,633/yr, while 5% annual appreciation compiles into $69,899 by year five. Five-year ROI reaches 165.49% and total cumulative return in cash sums $138,796. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,363/mo property income covering a $1,238/mo payment, not borrower’s personal income.

Single Family

Built in 2026

N/A lot

$N/A/sqft

$27 monthly HOA

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