411 E 29th Ave, Lake Station, IN, 46405 | $791/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 411 E 29th Ave, Lake Station, IN, 46405 listed at $201,900 pairs $2,003/mo rent with a $988/mo payment to leave $791/mo cash flow. Total monthly income runs $2,003/mo, and annual cash flow reaches $9,495/yr on $66,930 cash to close. Return on cash invested measures 34.09% in year one, and rental yield registers 11.9% at a $201,900 basis. Equity gained on principal adds $1,303/yr, and annual property appreciation at 5% supports $55,781 by year five. Five-year ROI tracks 178.73% and total cumulative return in cash totals $119,620. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,003/mo property income relative to a $988/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1968

6,229 sqft lot

$N/A/sqft

No HOA