3938 Cameron AveHammondIN46327
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Hammond at 3938 Cameron Ave, Hammond, IN, 46327 generates $1,746/mo in rent and, after a $998/mo payment, leaves $522/mo in cash flow. Total monthly income is $1,746/mo, and annual cash flow is $6,263/yr on $67,626 invested. Return on cash invested sits at 29.17% in year one, and rental yield is 10.27% on a $204,000 entry. Equity gained on principal adds $1,316/yr, while 5% annual appreciation builds toward $56,361 over five years. Five-year ROI reaches 152.25% and total cumulative return in cash sums $102,964. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,746/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
4,748 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46327, Hammond, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,137 (100%) |
| Owner Occupied HU | 2,427 (58.7%) |
| Renter Occupied HU | 1,303 (31.5%) |
| Vacant Housing Units | 407 ( 9.8%) |
| Median Home Value | $142,175 |
| Average Home Value | $172,215 |
Housing Distribution
Address Breakdown
Residential
3,637
Single Family
3,539
Multi-Family
98
Businesses
225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices