4330 Columbia Ave

Hammond, IN 46327
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3 bd, 1 ba | 1,056 sqft | Built in 1949

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List Price
$119,900

$6.3K

Initial Investment

$32,673

Purchase Price

$119,900

Down Payment

25%

Rent

$1,200

Total Return

$65,928

Annualized Return

24.9%

Cap Rate

6.1%

Gross Yield

12.0%

Cash Flow

$102

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

08/08/2023

Lease End

08/28/2024

Lot Size

4,719

HOA

None

Flood Risk

High Risk - Zone A

  • Cute 3 bedroom, 1 bathroom home located in Hammond, IN!
  • Less than 5 miles from Purdue University Northwest.
  • Close proximity to parks, schools, recreation, and shopping.
  • Current tenant is Month-to-Month.
  • Rent is $1200.00/ month!
  • Get more insight into this market here

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$3,860

Property Taxes

-$3,200

Loan Payments

-$6,518

Net Cash Flow

$102

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