2854 Hancock St, Lake Station, IN, 46405 | $279/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 2854 Hancock St, Lake Station, IN, 46405 listed at $149,900 pairs $1,179/mo rent with a $734/mo payment to leave $279/mo cash flow. Total monthly income runs $1,179/mo, and annual cash flow reaches $3,346/yr on $49,692 cash to close. Return on cash invested measures 26.64% in year one, and rental yield registers 9.44% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 138.71% and total cumulative return in cash totals $68,927. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,179/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1954

6,185 sqft lot

$N/A/sqft

No HOA