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1855 W 57th Ave, Merrillville, IN 46410 — $149,900 · 2bd · ~1.3% rule | OnePercent

1855 W 57th Ave, Merrillville, IN 46410

$149,900

Home·Merrillville 46410·1855 W 57th Ave, Merrillville, IN 46410

Confirmed in the last few hours

1855 W 57th Ave, Merrillville, IN 46410

2 bd · 1 ba · 1,884 sqft · built 1948 · Merrillville · SINGLE_FAMILY·source listing ↗

$149,900

rent, three ways

OnePercent model (vv1)$1,963/mo

point estimate — add comps for a band

HUD Fair Market Rent · 46410 · 2BR$1,590/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$64,127

Median area rent$1,270/mo

Median home value$208,100

the verdict

1.31%vs 1.0% target

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

$149,900

1.31% · rent $1,963

Intrinsic value · income approach

$242,982

38% 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.