4930 Oak AveHammondIN46327
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 4930 Oak Ave, Hammond, IN, 46327 in Hammond deserves attention. This $208,300 property earns $2,768/mo in rent, a 15.95% gross yield, and nets $1,489/mo after the $937/mo payment. DSCR 2.95 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $57,549 compounds alongside $1,918/yr in yearly equity build, for a total cumulative return of $174,756.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16% | 8.2% |
| Monthly Cash Flow | $1,489 | $300 |
City averages based on Hammond market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,768 |
| Total Monthly Debt Service | $1,196 |
| DSCR Ratio | 2.31x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1916
6,500 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
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
Single Family
Built in 1916
6,500 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices