2450 Howard St, Lake Station, IN, 46405 | $762/mo Cash Flow

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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

Investment property for sale in Lake Station at 2450 Howard St, Lake Station, IN, 46405 listed at $237,000 pairs $2,202/mo rent with a $1,160/mo payment to leave $762/mo cash flow. Total monthly income runs $2,202/mo, and annual cash flow reaches $9,143/yr on $78,566 cash to close. Return on cash invested measures 31.55% in year one, and rental yield registers 11.15% at a $237,000 basis. Equity gained on principal adds $1,529/yr, and annual property appreciation at 5% supports $65,479 by year five. Five-year ROI tracks 165.09% and total cumulative return in cash totals $129,704. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,202/mo property income relative to a $1,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2008

0.48 Acres lot

$N/A/sqft

No HOA