1307 Lakeview StWhitingIN46394
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1307 Lakeview St, Whiting, IN, 46394 in Whiting earns its strong cash-flow label: 14.09% yield, $3,871/mo rent, $1,722/mo net income, DSCR 2.61. The $329,600 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $91,062 by year five. Combined with $3,036/yr in principal paydown, total projected return reaches $236,248.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.1% | 6.0% |
| Monthly Cash Flow | $1,722 | $150 |
City averages based on Whiting market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,871 |
| Total Monthly Debt Service | $2,019 |
| DSCR Ratio | 1.92x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1937
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46394, Whiting, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,246 (100%) |
| Owner Occupied HU | 3,034 (57.8%) |
| Renter Occupied HU | 1,726 (32.9%) |
| Vacant Housing Units | 486 ( 9.3%) |
| Median Home Value | $198,776 |
| Average Home Value | $250,145 |
Housing Distribution
Address Breakdown
Residential
4,622
Single Family
4,241
Multi-Family
381
Businesses
279
Nearby investment properties with comparable rents
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
Single Family
Built in 1937
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46394, Whiting, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,246 (100%) |
| Owner Occupied HU | 3,034 (57.8%) |
| Renter Occupied HU | 1,726 (32.9%) |
| Vacant Housing Units | 486 ( 9.3%) |
| Median Home Value | $198,776 |
| Average Home Value | $250,145 |
Housing Distribution
Address Breakdown
Residential
4,622
Single Family
4,241
Multi-Family
381
Businesses
279
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices