2130 Parke St,Lake Station,IN,46405

Investment Highlights

Investment property for sale in Lake Station at 2130 Parke St, Lake Station, IN, 46405 listed at $214,900 pairs $2,038/mo rent with a $1,052/mo payment to leave $748/mo cash flow. Total monthly income runs $2,038/mo, and annual cash flow reaches $8,974/yr on $71,239 cash to close. Return on cash invested measures 32.51% in year one, and rental yield registers 11.38% at a $214,900 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,373 by year five. Five-year ROI tracks 170.16% and total cumulative return in cash totals $121,218. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,038/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).