4618 Towle 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 4618 Towle Ave, Hammond, IN, 46327 uses $54,664 cash to close to unlock $6,975/yr annual cash flow and $581/mo monthly cash flow. Total monthly income runs $1,571/mo, and a $807/mo payment keeps the spread at $581/mo. Purchase price stands at $164,900, and rental yield measures 11.43% with $1,571/mo rent. Return on cash invested shows 32.67% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 171.1% and total cumulative return in cash records $93,532. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,571/mo property income covering a $807/mo payment rather than investor’s personal income.
Multi Family
Built in 1895
4,865 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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