3445 E 22nd AveLake StationIN46405
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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
Investment Highlights
Investment property for sale in Lake Station at 3445 E 22nd Ave, Lake Station, IN, 46405 offers a 10.22% rental yield on a $197,400 purchase with $1,682/mo rent. Total monthly income registers $1,682/mo, and a $966/mo payment leaves $497/mo available for distribution. Annual cash flow reaches $5,967/yr on $65,438 to close, and return on cash invested stands at 29.03% in year one. Equity gained on principal adds $1,274/yr while 5% annual appreciation supports $54,538 over five years. Portfolio math shows five-year ROI at 151.56% and total cumulative return in cash at $99,176. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,682/mo property income against a $966/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Sofia Espinoza • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #820777
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 23:27:37 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)