4822 Kennedy AveEast ChicagoIN46312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 East Chicago at 4822 Kennedy Ave, East Chicago, IN, 46312 at $205,400 posts ROI 43.13% with $1,317/mo cash flow from $2,550/mo rent. Total monthly income equals $2,550/mo, and annual cash flow records $15,808/yr on $68,090 to close. Return on cash invested measures 43.13% and rental yield reads 14.9% at the current $205,400. Equity gained on principal adds $1,325/yr, and 5% annual appreciation supports $56,748 by year five. Five-year ROI prints 227.13% and total cumulative return in cash totals $154,655.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,550/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1921
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46312, East Chicago, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,707 (100%) |
| Owner Occupied HU | 4,168 (35.6%) |
| Renter Occupied HU | 5,726 (48.9%) |
| Vacant Housing Units | 1,813 (15.5%) |
| Median Home Value | $114,200 |
| Average Home Value | $171,080 |
Housing Distribution
Address Breakdown
Residential
8,920
Single Family
7,745
Multi-Family
1,175
Businesses
671
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Listed by: N/A • N/A
Mls Name: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate
Mls ID: #810682