2698 County Line Rd, Lake Station, IN, 46405 | $660/mo Cash Flow

For Sale

Ziffy Mortgage

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 2698 County Line Rd, Lake Station, IN, 46405 uses $66,267 cash to close to unlock $7,925/yr annual cash flow and $660/mo monthly cash flow. Total monthly income runs $1,860/mo, and a $978/mo payment keeps the spread at $660/mo. Purchase price stands at $199,900, and rental yield measures 11.17% with $1,860/mo rent. Return on cash invested shows 31.87% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 166.74% and total cumulative return in cash records $110,497. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,860/mo property income covering a $978/mo payment rather than investor’s personal income.

Single Family

Built in 1961

9,016 sqft lot

$N/A/sqft

No HOA