6637 Jackson 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 6637 Jackson Ave, Hammond, IN, 46324 earns $818/mo cash flow from $2,156/mo rent with a $1,060/mo payment. Total monthly income totals $2,156/mo, and annual cash flow totals $9,821/yr on $71,803 capital. ROI tracks 33.59% on current figures, and rental yield reads 11.94% at a $216,600 purchase. Equity gained on principal adds $1,398/yr, and 5% annual appreciation supports $59,843 over five years. Five-year ROI reaches 176.2% and total cumulative return in cash sums $126,516. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,156/mo property income instead of your personal income.
Single Family
Built in 1920
4,920 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