2228 Riverside Dr,Lake Station,IN,46405

Investment Highlights

Investment property for sale in Lake Station at 2228 Riverside Dr, Lake Station, IN, 46405 listed at $129,900 pairs $1,026/mo rent with a $636/mo payment to leave $246/mo cash flow. Total monthly income runs $1,026/mo, and annual cash flow reaches $2,952/yr on $43,062 cash to close. Return on cash invested measures 26.76% in year one, and rental yield registers 9.48% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 139.49% and total cumulative return in cash totals $60,067. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,026/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).