1306 Sherman St, Hammond, IN 46320

2 bd · 1 ba · 641 sqft · built 1924 · Hammond · SINGLE_FAMILY·source listing ↗

$57,000

$62,500 first listed

seller intel

Price cut

−8.8%

from $62,500

Motivation score

45/100

OnePercent model (vv1)$1,417/mo

p10–p90 confidence band

HUD Fair Market Rent · 46320 · 2BR$1,130/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Lake

Flood risk indexRelatively Moderate FEMA NRI

Median household income$37,158

Median area rent$994/mo

Median home value$135,000

the verdict

2.49%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$57,000

2.49% · rent $1,417

Intrinsic value · income approach

$213,571

73% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.