What cash buyers have been doing here in the last 12 months.
Data last updated
In Lake Station (46405), investors own about 280 tracked properties across 22 active buyers, with a median investor purchase price near $50,000. 7 were acquired in the last 12 months.
Volume fell to 7 investor purchases over the last 12 months from about 151, down some 95%. Negotiating leverage has shifted toward whoever is still buying.
Strategy here skews to buy & hold, which accounts for 100.0% of tracked deals. Buy-and-hold capital prices for yield rather than resale margin, so rent support matters more to these buyers than after-repair comps.
22 cash buyers are active in 46405, and between them they hold about 280 properties. Each averaged under 0.3 purchases over the last 12 months, so the pool is broad rather than concentrated: more names to work, with less riding on any single relationship.
The median investor purchase lands near $50,000. An average of $59,000 that close to the median means one price band describes nearly the whole market.
All figures above reflect recorded transactions in this ZIP code and update as records are processed. Past activity only — nothing here is a forecast or investment advice.