254 Williams StHammondIN46320
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hammond at 254 Williams St, Hammond, IN, 46320 earns $282/mo cash flow from $1,128/mo rent with a $690/mo payment. Total monthly income totals $1,128/mo, and annual cash flow totals $3,382/yr on $46,708 capital. ROI tracks 27.15% on current figures, and rental yield reads 9.61% at a $140,900 purchase. Equity gained on principal adds $909/yr, and 5% annual appreciation supports $38,928 over five years. Five-year ROI reaches 141.42% and total cumulative return in cash sums $66,053. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,128/mo property income instead of your personal income.
Single Family
Built in 1897
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46320, Hammond, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,335 (100%) |
| Owner Occupied HU | 2,205 (34.8%) |
| Renter Occupied HU | 3,520 (55.6%) |
| Vacant Housing Units | 610 ( 9.6%) |
| Median Home Value | $140,653 |
| Average Home Value | $155,228 |
Housing Distribution
Address Breakdown
Residential
5,335
Single Family
3,817
Multi-Family
1,518
Businesses
525
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angelica Guzman • Listing Leaders Northwest
Mls Name: NIRA
Mls Provider:
Mls ID: #823395
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.