2715 Floyd St, Lake Station, IN, 46405 | $287/mo Cash Flow

For Sale

Rental Income

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

Rental property for sale in Lake Station at 2715 Floyd St, Lake Station, IN, 46405 generates $1,697/mo in rent and, after a $1,150/mo payment, leaves $287/mo in cash flow. Total monthly income is $1,697/mo, and annual cash flow is $3,438/yr on $77,903 invested. Return on cash invested sits at 24.32% in year one, and rental yield is 8.67% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 126.27% and total cumulative return in cash sums $98,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,697/mo property income rather than buyer’s personal income.

Multi Family

Built in 1924

9,278 sqft lot

$N/A/sqft

No HOA