2637 Lawrence 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 2637 Lawrence St, Lake Station, IN, 46405 offers a 10.79% rental yield on a $169,000 purchase with $1,519/mo rent. Total monthly income registers $1,519/mo, and a $827/mo payment leaves $505/mo available for distribution. Annual cash flow reaches $6,056/yr on $56,024 to close, and return on cash invested stands at 30.72% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 160.57% and total cumulative return in cash at $89,959. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,519/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
7,492 sqft lot
$N/A/sqft
No HOA
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Listed by: Mary Borns • Boulder Bay Realty Group
Mls Name: NIRA
Mls ID: #828223








