3107 171st St Hammond, IN 46323
3bd, 1ba | 1,152sqft | Built in 1939
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Initial Investment
$126,875
List Price: $125,000
Purchase Price
$125,000
Down Payment
100%
Rent
$1,275

Market rent may range from $1,211 to $1,339


Total Return
$47,288
Annualized Return
7.3%
Cap Rate
6.7%
Gross Yield
12.2%
Cash Flow
$7,635
Appreciation
2.0%
Features
Roofstock Certified
Occupancy
Vacant
Guaranteed Rent
Yes
Lot Size
6,000 
HOA
None
Flood Risk
Not Required
  • No immediate repairs needed
  • 3-bed, 1-bath single-family home with fenced yard and detached garage
  • Near schools, shopping, and dining

Annual Financial Highlight
Expected Rent
$14,535
Expenses
-$3,700
Property Taxes
-$3,200
Loan Payments
$0

Net Cash Flow
$7,635
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.