2919 State St, Lake Station, IN, 46405 | $460/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

Rental property for sale in Lake Station at 2919 State St, Lake Station, IN, 46405 offers $1,540/mo rent that, after a $881/mo payment, leaves $460/mo cash flow. Total monthly income is $1,540/mo, and annual cash flow is $5,515/yr on $59,637 cash. Return on cash invested measures 29.16% in year one, and rental yield stands at 10.27% at a $179,900 entry. Equity gained on principal adds $1,161/yr while 5% annual appreciation compounds into $49,703 by year five. Five-year ROI records 152.22% and total cumulative return in cash reaches $90,777. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,540/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1949

6,359 sqft lot

$N/A/sqft

No HOA