2140 Union St, Lake Station, IN, 46405 | $796/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lake Station at 2140 Union St, Lake Station, IN, 46405 generates $2,236/mo in rent and, after a $1,174/mo payment, leaves $796/mo in cash flow. Total monthly income is $2,236/mo, and annual cash flow is $9,553/yr on $79,527 invested. Return on cash invested sits at 31.92% in year one, and rental yield is 11.18% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 167.06% and total cumulative return in cash sums $132,859. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,236/mo property income rather than buyer’s personal income.

Single Family

Built in 1993

9,583 sqft lot

$N/A/sqft

No HOA