4422 Clark AveHammondIN46327
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 4422 Clark Ave, Hammond, IN, 46327 in Hammond. Priced at $189,900, it generates $1,950/mo in gross rent and $810/mo in net monthly cash flow, a 12.32% yield that comfortably supports the 2.17 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,721. Five-year appreciation: $52,466. Equity from principal paydown: $1,592/yr. Total projected cumulative return: $120,449.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 8.2% |
| Monthly Cash Flow | $810 | $300 |
City averages based on Hammond market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,950 |
| Total Monthly Debt Service | $1,111 |
| DSCR Ratio | 1.76x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1895
3,441 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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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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Nearby investment properties with comparable prices
