1044 Mulberry St, Hammond, IN, 46324 | 5.34% Rental Yield

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 Hammond at 1044 Mulberry St, Hammond, IN, 46324 earns from $1,668/mo rent with a $1,835/mo payment. Total monthly income totals $1,668/mo. ROI tracks 14.28% on current figures, and rental yield reads 5.34% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 72.45% and total cumulative return in cash sums $90,063. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,668/mo property income instead of your personal income.

Single Family

Built in 1925

6,098 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46324, Hammond, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,130 (100%)
Owner Occupied HU	5,648 (61.9%)
Renter Occupied HU	2,876 (31.5%)
Vacant Housing Units	606 ( 6.6%)
Median Home Value	$185,586
Average Home Value	$211,212