1108 Indiana StHammondIN46320
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Nearby investment properties with comparable prices
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
Investment property for sale in Hammond at 1108 Indiana St, Hammond, IN, 46320 at $160,000 posts ROI 26.24% with $280/mo cash flow from $1,240/mo rent. Total monthly income equals $1,240/mo, and annual cash flow records $3,356/yr on $53,040 to close. Return on cash invested measures 26.24% and rental yield reads 9.3% at the current $160,000. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 by year five. Five-year ROI prints 136.54% and total cumulative return in cash totals $72,422.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,240/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1928
4,486 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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Listed by: Jessica Lindquist • Integrity Realty Partners
Mls Name: NIRA
Mls Provider:
Mls ID: #818994
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.