Rowan Plan, Streamside, Saint John, IN, 46373 | $569/mo Cash Flow

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Rowan Plan, Streamside, Saint John, IN, 46373 | $569/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

Investment property for sale in Saint John at Rowan Plan, Streamside, Saint John, IN, 46373 offers a 8.53% rental yield on a $514,900 purchase with $3,660/mo rent. Total monthly income registers $3,660/mo, and a $2,520/mo payment leaves $569/mo available for distribution. Annual cash flow reaches $6,832/yr on $169,402 to close, and return on cash invested stands at 24.09% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,257 over five years. Portfolio math shows five-year ROI at 125.02% and total cumulative return in cash at $211,782. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,660/mo property income against a $2,520/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Olthof Homes presents The Rowan. This new plan is 2820sf of well designed space and offers everything you need! Open the front door and step into the foyer, past the large flex room, and enter into the heart of the home, the spacious kitchen with plenty of countertop space, extended island and walk-in pantry with extra storage space. The breakfast area and oversized great room add more gathering areas for your family. Additionally, the main floor boasts a study and powder bath that can be turned into a guest room and 3/4 bath. Upstairs you'll find a large loft with space for a tv/game room, 3 large bedrooms, a full bath, and 2nd floor laundry. Rounding out the upstairs, is a spacious tucked-away owner's suite with a large walk-in closet with plenty of shelving and owner's bath with a private water closet. This plan can be built with a 2, 2.5, or 3 car garage, a sunroom, a deluxe owner's bathroom, and many other options. Olthof Homes includes with this home a 10-year structural warranty, 4-year workmanship warranty on the roof, Low E windows, and an Industry Best Customer Care Program.