6709 Osborn AveHammondIN46323
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow6709 Osborn Ave, Hammond, IN, 46323 in Hammond is a top-tier cash-flow asset. At $172,600 it produces $1,765/mo in rent and $545/mo in net monthly income, a 12.27% gross rental yield. The DSCR of 2.27 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $6,540. Five-year appreciation adds $47,686, driving a total cumulative return of $101,197.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 8.2% |
| Monthly Cash Flow | $545 | $300 |
City averages based on Hammond market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,765 |
| Total Monthly Debt Service | $1,152 |
| DSCR Ratio | 1.53x |
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 1654
7,392 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46323, Hammond, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,941 (100%) |
| Owner Occupied HU | 5,458 (61.0%) |
| Renter Occupied HU | 3,048 (34.1%) |
| Vacant Housing Units | 435 ( 4.9%) |
| Median Home Value | $165,722 |
| Average Home Value | $208,911 |
Housing Distribution
Address Breakdown
Residential
8,489
Single Family
7,307
Multi-Family
1,182
Businesses
420
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 1654
7,392 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46323, Hammond, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,941 (100%) |
| Owner Occupied HU | 5,458 (61.0%) |
| Renter Occupied HU | 3,048 (34.1%) |
| Vacant Housing Units | 435 ( 4.9%) |
| Median Home Value | $165,722 |
| Average Home Value | $208,911 |
Housing Distribution
Address Breakdown
Residential
8,489
Single Family
7,307
Multi-Family
1,182
Businesses
420
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices