1019 E 29th Ave, Lake Station, IN, 46405 | $242/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

Rental property for sale in Lake Station at 1019 E 29th Ave, Lake Station, IN, 46405 generates $1,173/mo in rent and, after a $759/mo payment, leaves $242/mo in cash flow. Total monthly income is $1,173/mo, and annual cash flow is $2,907/yr on $51,383 invested. Return on cash invested sits at 25.57% in year one, and rental yield is 9.08% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 133.03% and total cumulative return in cash sums $68,356. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,173/mo property income rather than buyer’s personal income.

Single Family

Built in 1963

0.28 Acres lot

$N/A/sqft

No HOA