1023 170th Pl

Hammond, IN 46324
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4 bd, 2 ba | 1,388 sqft | Built in 1953

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List Price
$115,000

Initial Investment

$25,888

Purchase Price

$95,000

Down Payment

25%

Rent

$1,100

Total Return

$55,091

Annualized Return

26.4%

Cap Rate

6.7%

Gross Yield

13.9%

Cash Flow

$618

Appreciation

9.2%
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Features

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

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Annual Financial Highlights

Expected Rent

$12,540

Expenses

-$3,557

Property Taxes

-$3,200

Loan Payments

-$5,165

Net Cash Flow

$618

See more in Financials

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