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🏢 Just listed — Residential Land for sale in Griffith, IN.

📍 201 East Avenue East, Griffith, IN
🏷  Residential Land · For Sale
💰 $225K

Land | 6.6 acres

<ul><li>6.6-acre development site</li><li>R-2 residential zoning</li><li>Level, buildable topography</li><li>Strong local housing demand</li><li>0.87 miles from downtown Griffith</li></ul>

Full financials, photos, and broker contact:
https://commrty.com/property/indiana/griffith/201-e-ave-east-griffith-in-46319-2487480-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=201-e-ave-east-griffith-in-46319-2487480

#Griffith #Land #CommercialRealEstate #CRE #Investment

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Home/IN/Griffith

201 East Avenue East

Griffith, IN 46319

Asking Price

$225K

Asset Type

Residential Land

Class

Class B

What's Special

Land | 6.6 acres <ul><li>6.6-acre development site</li><li>R-2 residential zoning</li><li>Level, buildable topography</li><li>Strong local housing demand</li><li>0.87 miles from downtown Griffith</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

35.56%

DSCR

5.99

Strong

Cash-on-Cash

98.73%

Monthly Payment

$1,113.177

Annual Cash Flow

$66,641.873

Location & Travel Times

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Class B | Commercial

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Listed by Owner · For Sale