909 E 36th PlLake StationIN46405
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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 Lake Station at 909 E 36th Pl, Lake Station, IN, 46405 uses $61,328 cash to close to unlock $8,904/yr annual cash flow and $742/mo monthly cash flow. Total monthly income runs $1,852/mo, and a $905/mo payment keeps the spread at $742/mo. Purchase price stands at $185,000, and rental yield measures 12.01% with $1,852/mo rent. Return on cash invested shows 34.43% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 180.43% and total cumulative return in cash records $110,655. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,852/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1962
10,541 sqft lot
$N/A/sqft
No HOA
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Listed by: Rebecca Ogan • Banga Realty, LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #822537
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 03:42:28 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#185)