903 Bauer StHammondIN46320
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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
Investment property for sale in Hammond at 903 Bauer St, Hammond, IN, 46320 listed at $215,000 pairs $2,107/mo rent with a $1,052/mo payment to leave $817/mo cash flow. Total monthly income runs $2,107/mo, and annual cash flow reaches $9,801/yr on $71,273 cash to close. Return on cash invested measures 33.66% in year one, and rental yield registers 11.76% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 176.35% and total cumulative return in cash totals $125,689. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,107/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1913
4,255 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46320, Hammond, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,335 (100%) |
| Owner Occupied HU | 2,205 (34.8%) |
| Renter Occupied HU | 3,520 (55.6%) |
| Vacant Housing Units | 610 ( 9.6%) |
| Median Home Value | $140,653 |
| Average Home Value | $155,228 |
Housing Distribution
Address Breakdown
Residential
5,335
Single Family
3,817
Multi-Family
1,518
Businesses
525
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