4320 Dearborn 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 4320 Dearborn Ave, Hammond, IN, 46327 listed at $105,000 pairs $813/mo rent with a $514/mo payment to leave $157/mo cash flow. Total monthly income runs $813/mo, and annual cash flow reaches $1,887/yr on $34,808 cash to close. Return on cash invested measures 25.33% in year one, and rental yield registers 9.29% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Five-year ROI tracks 132.08% and total cumulative return in cash totals $45,974. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $813/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1938
0.27 Acres 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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Listed by: Lisa Grady • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #824026
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.