1539 Ridge RdMunsterIN46321
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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 Munster at 1539 Ridge Rd, Munster, IN, 46321 uses $135,915 cash to close to unlock $7,650/yr annual cash flow and $637/mo monthly cash flow. Total monthly income runs $3,185/mo, and a $2,007/mo payment keeps the spread at $637/mo. Purchase price stands at $410,000, and rental yield measures 9.32% with $3,185/mo rent. Return on cash invested shows 25.54% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 133.06% and total cumulative return in cash records $180,851. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,185/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Single Family
Built in 1925
10,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46321, Munster, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,578 (100%) |
| Owner Occupied HU | 8,067 (84.2%) |
| Renter Occupied HU | 1,108 (11.6%) |
| Vacant Housing Units | 403 ( 4.2%) |
| Median Home Value | $333,282 |
| Average Home Value | $375,530 |
Housing Distribution
Address Breakdown
Residential
9,440
Single Family
8,005
Multi-Family
1,435
Businesses
799
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Listed by: Maria McShane • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #822974
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.