10 Webb StHammondIN46320
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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 Hammond at 10 Webb St, Hammond, IN, 46320 priced at $127,000 pairs $980/mo rent with $217/mo cash flow after a $622/mo payment. Total monthly income equals $980/mo, and annual cash flow comes to $2,607/yr on $42,101 invested. Return on cash invested is 26.1% in year one, and rental yield stands at 9.26% on a $127,000 basis. Equity gained on principal adds $820/yr, and 5% annual appreciation accumulates to $35,088 by year five. Five-year ROI measures 135.92% and total cumulative return in cash reaches $57,225. For financing, Ziffy Mortgage’s DSCR program evaluates $980/mo property income against a $622/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1892
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46320, Hammond, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,335 (100%) |
| Owner Occupied HU | 2,205 (34.8%) |
| Renter Occupied HU | 3,520 (55.6%) |
| Vacant Housing Units | 610 ( 9.6%) |
| Median Home Value | $140,653 |
| Average Home Value | $155,228 |
Housing Distribution
Address Breakdown
Residential
5,335
Single Family
3,817
Multi-Family
1,518
Businesses
525
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