6403 Harrison AveHammondIN46324
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 Hammond at 6403 Harrison Ave, Hammond, IN, 46324 at $218,900 posts ROI 27.85% with $480/mo cash flow from $1,794/mo rent. Total monthly income equals $1,794/mo, and annual cash flow records $5,765/yr on $72,565 to close. Return on cash invested measures 27.85% and rental yield reads 9.83% at the current $218,900. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,478 by year five. Five-year ROI prints 145.25% and total cumulative return in cash totals $105,398.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,794/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1917
4,482 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46324, Hammond, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,130 (100%) |
| Owner Occupied HU | 5,648 (61.9%) |
| Renter Occupied HU | 2,876 (31.5%) |
| Vacant Housing Units | 606 ( 6.6%) |
| Median Home Value | $185,586 |
| Average Home Value | $211,212 |
Housing Distribution
Address Breakdown
Residential
8,651
Single Family
8,119
Multi-Family
532
Businesses
437
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Rossi • Listing Leaders Northwest
Mls Name: NIRA
Mls Provider:
Mls ID: #818645
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.