3406 E 37th Ave, Lake Station, IN, 46405 | $593/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 3406 E 37th Ave, Lake Station, IN, 46405 offers a 11.94% rental yield on a $150,000 purchase with $1,493/mo rent. Total monthly income registers $1,493/mo, and a $734/mo payment leaves $593/mo available for distribution. Annual cash flow reaches $7,113/yr on $49,725 to close, and return on cash invested stands at 34.21% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 179.29% and total cumulative return in cash at $89,154. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,493/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1952

9,496 sqft lot

$N/A/sqft

No HOA