Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
Listed by: Kelly Royster • Listing Leaders
Mls Name: NIRA
Mls Provider:
Mls ID: #822268
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-21 03:42:54 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#185)
Investment property for sale in Merrillville at 3321 W 77th Pl, Merrillville, IN, 46410 listed at $221,250 pairs $2,216/mo rent with a $1,083/mo payment to leave $888/mo cash flow. Total monthly income runs $2,216/mo, and annual cash flow reaches $10,653/yr on $73,344 cash to close. Return on cash invested measures 34.43% in year one, and rental yield registers 12.02% at a $221,250 basis. Equity gained on principal adds $1,428/yr, and annual property appreciation at 5% supports $61,127 by year five. Five-year ROI tracks 180.51% and total cumulative return in cash totals $132,392. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,216/mo property income relative to a $1,083/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
8,145 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46410, Merrillville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,618 (100%) |
| Owner Occupied HU | 10,197 (57.9%) |
| Renter Occupied HU | 6,280 (35.6%) |
| Vacant Housing Units | 1,141 ( 6.5%) |
| Median Home Value | $223,839 |
| Average Home Value | $250,345 |
Residential
17,068
Single Family
13,383
Multi-Family
3,685
Businesses
1,991
Date | Event | Price |
|---|---|---|
| 2025-07-21 | Sold | $221,250 |
| 2025-06-18 | Pending sale | $230,000 |
| 2025-06-10 | Listed for sale | $230,000 |
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $1265.78 | 10.86% | $158,700 | 1.73% |
| 2023-10-21 | $1141.74 | 23.49% | $156,000 | 16.68% |
| 2022-10-21 | $924.56 | 10.56% | $133,700 | 13.98% |
