2740 Benton 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
Rental property for sale in Lake Station at 2740 Benton St, Lake Station, IN, 46405 offers $1,158/mo rent that, after a $709/mo payment, leaves $228/mo cash flow. Total monthly income is $1,158/mo, and annual cash flow is $2,736/yr on $48,034 cash. Return on cash invested measures 25.61% in year one, and rental yield stands at 9.59% at a $144,900 entry. Equity gained on principal adds $935/yr while 5% annual appreciation compounds into $40,033 by year five. Five-year ROI records 133.81% and total cumulative return in cash reaches $64,273. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,158/mo property income versus a $709/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
9,191 sqft lot
$N/A/sqft
No HOA
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Listed by: Tamera Lujan • Home Connection Realty, Inc.
Mls Name: NIRA
Mls Provider:
Mls ID: #819784
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