7935 Jefferson AveMunsterIN46321
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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
Rental property for sale in Munster at 7935 Jefferson Ave, Munster, IN, 46321 priced at $240,000 pairs $2,308/mo rent with $667/mo cash flow after a $1,175/mo payment. Total monthly income equals $2,308/mo, and annual cash flow comes to $8,004/yr on $79,560 invested. Return on cash invested is 29.97% in year one, and rental yield stands at 11.54% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 157.62% and total cumulative return in cash reaches $125,402. For financing, Ziffy Mortgage’s DSCR program evaluates $2,308/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1973
1 Acres lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46321, Munster, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,578 (100%) |
| Owner Occupied HU | 8,067 (84.2%) |
| Renter Occupied HU | 1,108 (11.6%) |
| Vacant Housing Units | 403 ( 4.2%) |
| Median Home Value | $333,282 |
| Average Home Value | $375,530 |
Housing Distribution
Address Breakdown
Residential
9,440
Single Family
8,005
Multi-Family
1,435
Businesses
799
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Listed by: Diane Schwader • Double Diamond Real Estate LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #812976
Disclaimer: Copyright 2024 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.