1476 Shell StHammondIN46320
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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
Investment property for sale in Hammond at 1476 Shell St, Hammond, IN, 46320 earns $513/mo cash flow from $1,711/mo rent with a $977/mo payment. Total monthly income totals $1,711/mo, and annual cash flow totals $6,152/yr on $66,201 capital. ROI tracks 29.2% on current figures, and rental yield reads 10.28% at a $199,700 purchase. Equity gained on principal adds $1,289/yr, and 5% annual appreciation supports $55,173 over five years. Five-year ROI reaches 152.44% and total cumulative return in cash sums $100,918. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,711/mo property income instead of your personal income.
Single Family
Built in 1940
7,875 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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