








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Gary at 1012 Oklahoma St, Gary, IN, 46403 uses $49,725 cash to close to unlock $3,069/yr annual cash flow and $256/mo monthly cash flow. Total monthly income runs $1,156/mo, and a $734/mo payment keeps the spread at $256/mo. Purchase price stands at $150,000, and rental yield measures 9.25% with $1,156/mo rent. Return on cash invested shows 26.08% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 135.71% and total cumulative return in cash records $67,482. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,156/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1931
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46403, Gary, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,395 (100%) |
| Owner Occupied HU | 2,740 (42.8%) |
| Renter Occupied HU | 2,443 (38.2%) |
| Vacant Housing Units | 1,212 (19.0%) |
| Median Home Value | $169,037 |
| Average Home Value | $237,071 |
Residential
5,555
Single Family
5,028
Multi-Family
527
Businesses
250
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Ashley Tarver • @properties/Christie's Intl RE
Mls Name: NIRA
Mls ID: #831877