2605 Newton 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 2605 Newton St, Lake Station, IN, 46405 listed at $109,000 pairs $837/mo rent with a $534/mo payment to leave $182/mo cash flow. Total monthly income runs $837/mo, and annual cash flow reaches $2,186/yr on $36,134 cash to close. Return on cash invested measures 25.96% in year one, and rental yield registers 9.21% at a $109,000 basis. Equity gained on principal adds $703/yr, and annual property appreciation at 5% supports $30,115 by year five. Five-year ROI tracks 135.16% and total cumulative return in cash totals $48,838. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $837/mo property income relative to a $534/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1921
7,623 sqft lot
$N/A/sqft
No HOA
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Listed by: Daniel Margiotta • eXp Realty, LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #821013
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