1426 121st StWhitingIN46394
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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 Whiting at 1426 121st St, Whiting, IN, 46394 generates $1,664/mo in rent and, after a $856/mo payment, leaves $614/mo in cash flow. Total monthly income is $1,664/mo, and annual cash flow is $7,370/yr on $57,975 invested. Return on cash invested sits at 32.62% in year one, and rental yield is 11.42% on a $174,888 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,318 over five years. Five-year ROI reaches 170.84% and total cumulative return in cash sums $99,044. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,664/mo property income rather than buyer’s personal income.
Single Family
Built in 1905
3,075 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
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Listed by: Ed del Real • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #817435
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.