2033 Fairview AveLake StationIN46405
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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 Lake Station at 2033 Fairview Ave, Lake Station, IN, 46405 with 5% annual appreciation on a $320,000 basis while $1,624/mo rent supports operations. 41% in year one. Equity gained on principal adds $2,065/yr, and five-year appreciation sums $88,410 alongside rental yield of 6.09%. Five-year ROI measures 83.91% and total cumulative return in cash totals $89,007. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,624/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1943
3,746 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Melissa Yanez • Favela Real Estate, LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #811324
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