1023 170th Pl Hammond, IN 46324
4bd, 2ba | 1,388sqft | Built in 1953
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Initial Investment
$116,725
List Price: $115,000
Purchase Price
$115,000
Down Payment
100%
Rent
$1,100

Total Return
$38,928
Annualized Return
6.5%
Cap Rate
5.9%
Gross Yield
11.5%
Cash Flow
$6,156
Appreciation
2.0%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
01/20/2018 
Lease End
09/04/2020 
Lot Size
7,400 
HOA
None
Flood Risk
Not Required
  • No immediate repairs per inspection report
  • Leased through 9/04/2020
  • 4-bed, 2-bath in a 3-star neighborhood

Annual Financial Highlight
Expected Rent
$12,540
Expenses
-$3,184
Property Taxes
-$3,200
Loan Payments
$0

Net Cash Flow
$6,156
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the process​.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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