High Rental Yield Investment Properties for Sale in Gary, IN
237- 2 Bed
- 1 Bath
- 1344 sft
462- 2 Bed
- 1 Bath
- 816 sft
677- 3 Bed
- 2 Bath
- 1520 sft
909- 3 Bed
- 3 Bath
- 3796 sft
Why Invest in Gary, Indiana?
Gary, Indiana offers **high rental yield** opportunities for investors seeking strong cash flow in a balanced rental market. The rental vacancy rate stands at 7.7%, with apartment rents averaging $1,132 and recent 3% growth. Balanced conditions support cap rates around 8-10%, bolstered by job recovery to 277,000 and demand for 940 new rental units. Household growth of 0.6% annually enhances long-term appreciation potential. Low sales vacancy at 1.2% signals stability for rental-focused portfolios.
Frequently Asked Questions
The rental vacancy rate is 7.7% as of April 2023, indicating balanced conditions. Apartment vacancy is slightly tighter at 4.9%. Demand supports new construction of 590 units.
Find Your Perfect Investment Property in Gary, Indiana
Explore investment opportunities by strategy, performance, or property type
