2805 Riverwalk St, Lake Station, IN, 46405 | $900/mo Cash Flow

Off market

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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 2805 Riverwalk St, Lake Station, IN, 46405 priced at $304,500 pairs $2,792/mo rent with $900/mo cash flow after a $1,490/mo payment. Total monthly income equals $2,792/mo, and annual cash flow comes to $10,804/yr on $100,942 invested. Return on cash invested is 30.61% in year one, and rental yield stands at 11% on a $304,500 basis. Equity gained on principal adds $1,965/yr, and 5% annual appreciation accumulates to $84,128 by year five. Five-year ROI measures 160.31% and total cumulative return in cash reaches $161,817. For financing, Ziffy Mortgage’s DSCR program evaluates $2,792/mo property income against a $1,490/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2007

0.39 Acres lot

$N/A/sqft

No HOA