3939 Wabash AveHammondIN46327
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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 Hammond at 3939 Wabash Ave, Hammond, IN, 46327 earns $241/mo cash flow from $1,201/mo rent with a $783/mo payment. Total monthly income totals $1,201/mo, and annual cash flow totals $2,888/yr on $53,040 capital. ROI tracks 25.35% on current figures, and rental yield reads 9.01% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 131.84% and total cumulative return in cash sums $69,926. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,201/mo property income instead of your personal income.
Single Family
Built in 1950
5,401 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
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