2880 Oklahoma St, Lake Station, IN, 46405 | $245/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1400 sft

10052 S Lafayette Ave, Chicago, IL, 60628

3 Bed
2 Bath
1650 sft

4120 W 11th Ave, Gary, IN, 46404

Investment Property+ 1 more

3 Bed
1 Bath
772 sft

296 E 149th St, Harvey, IL, 60426

3 Bed
1 Bath
1089 sft

13921 S Stewart Ave, Riverdale, IL, 60827

Nearby investment properties with comparable prices

3 Bed
1 Bath
1303 sft

3728 Chicago Rd, Steger, IL, 60475

2 Bed
2 Bath
925 sft

840 Elder Rd APT 414, Homewood, IL, 60430

2 Bed
2 Bath
925 sft

840 Elder Rd, Homewood, IL, 60430

3 Bed
1 Bath
920 sft

2045 218th St, Sauk Village, IL, 60411

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Lake Station at 2880 Oklahoma St, Lake Station, IN, 46405 uses $53,040 cash to close to unlock $2,936/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $1,205/mo, and a $783/mo payment keeps the spread at $245/mo. Purchase price stands at $160,000, and rental yield measures 9.04% with $1,205/mo rent. Return on cash invested shows 25.44% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 132.31% and total cumulative return in cash records $70,178. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,205/mo property income covering a $783/mo payment rather than investor’s personal income.

Single Family

Built in 1979

0.45 Acres lot

$N/A/sqft

No HOA