2620 E Guadalupe CirEast ChicagoIN46312
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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 East Chicago at 2620 E Guadalupe Cir, East Chicago, IN, 46312 offers a 8.96% rental yield on a $269,000 purchase with $2,009/mo rent. Total monthly income registers $2,009/mo, and a $1,317/mo payment leaves $394/mo available for distribution. Annual cash flow reaches $4,726/yr on $89,174 to close, and return on cash invested stands at 25.21% in year one. Equity gained on principal adds $1,736/yr while 5% annual appreciation supports $74,320 over five years. Portfolio math shows five-year ROI at 131% and total cumulative return in cash at $116,819. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,009/mo property income against a $1,317/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
8,184 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46312, East Chicago, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,707 (100%) |
| Owner Occupied HU | 4,168 (35.6%) |
| Renter Occupied HU | 5,726 (48.9%) |
| Vacant Housing Units | 1,813 (15.5%) |
| Median Home Value | $114,200 |
| Average Home Value | $171,080 |
Housing Distribution
Address Breakdown
Residential
8,920
Single Family
7,745
Multi-Family
1,175
Businesses
671
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Listed by: Justin Hanuscin • Listing Leaders
Mls Name: NIRA
Mls ID: #825954