8201 Marshall StMerrillvilleIN46410
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 8201 Marshall St, Merrillville, IN, 46410 in Merrillville is listed at $435,000 and delivers $3,284/mo in rent and $663/mo in net monthly cash flow. The 9.06% yield and 1.68 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $120,182 over five years, and $4,006/yr in principal reduction supplements cash return. Total projected cumulative return: $207,883.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.0% |
| Monthly Cash Flow | $663 | $400 |
City averages based on Merrillville market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,284 |
| Total Monthly Debt Service | $2,438 |
| DSCR Ratio | 1.35x |
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 2022
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46410, Merrillville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,618 (100%) |
| Owner Occupied HU | 10,197 (57.9%) |
| Renter Occupied HU | 6,280 (35.6%) |
| Vacant Housing Units | 1,141 ( 6.5%) |
| Median Home Value | $223,839 |
| Average Home Value | $250,345 |
Housing Distribution
Address Breakdown
Residential
17,068
Single Family
13,383
Multi-Family
3,685
Businesses
1,991
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 2022
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46410, Merrillville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,618 (100%) |
| Owner Occupied HU | 10,197 (57.9%) |
| Renter Occupied HU | 6,280 (35.6%) |
| Vacant Housing Units | 1,141 ( 6.5%) |
| Median Home Value | $223,839 |
| Average Home Value | $250,345 |
Housing Distribution
Address Breakdown
Residential
17,068
Single Family
13,383
Multi-Family
3,685
Businesses
1,991
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NIRA as distributed by MLS GRID
Mls ID: #838914