6636 Idaho Ave

Hammond, IN 46323
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3 bd, 1 ba | 1,448 sqft | Built in 1955

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List Price
$130,000

$22.3K

Initial Investment

$37,029

Purchase Price

$129,000

Down Payment

25%

Rent

$1,300

Total Return

$71,719

Annualized Return

24.6%

Cap Rate

6.5%

Gross Yield

12.1%

Cash Flow

$611

Appreciation

9.2%
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Features
Roofstock Certified

Occupancy

Month To Month

Lease Start

04/23/2021

Lease End

M/M

Lot Size

6,200

HOA

None

Flood Risk

Not Required

  • Spacious 3 bedroom, 1 bathroom home situated in the Hessville area of Hammond, IN!
  • Bonus living room.
  • Detached 2-car garage.
  • Tenant in place.
  • Rent is $1300/month.
  • This home is Roofstock Certified!
  • Get more insight into this market here

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$14,820

Expenses

-$3,895

Property Taxes

-$3,300

Loan Payments

-$7,013

Net Cash Flow

$611

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