2324 Cass StLake 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 2324 Cass St, Lake Station, IN, 46405 at $132,500 posts ROI 37.08% with $628/mo cash flow from $1,562/mo rent. Total monthly income equals $1,562/mo, and annual cash flow records $7,540/yr on $43,924 to close. Return on cash invested measures 37.08% and rental yield reads 14.15% at the current $132,500. Equity gained on principal adds $855/yr, and 5% annual appreciation supports $36,607 by year five. Five-year ROI prints 196.09% and total cumulative return in cash totals $86,132.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,562/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
0.44 Acres lot
$N/A/sqft
No HOA
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Listed by: Crystal Heady • @properties/Christie's Intl RE
Mls Name: NIRA
Mls Provider:
Mls ID: #820870
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