2868 Elkhart St, Lake Station, IN, 46405 | $655/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 2868 Elkhart St, Lake Station, IN, 46405 earns $655/mo cash flow from $2,275/mo rent with a $1,321/mo payment. Total monthly income totals $2,275/mo, and annual cash flow totals $7,858/yr on $89,472 capital. ROI tracks 28.69% on current figures, and rental yield reads 10.11% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 149.7% and total cumulative return in cash sums $133,938. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,275/mo property income instead of your personal income.

Single Family

Built in 1952

7,927 sqft lot

$N/A/sqft

No HOA