1156 Pennsylvania StGaryIN46407
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Gary at 1156 Pennsylvania St, Gary, IN, 46407 with 5% annual appreciation on a $202,500 basis while $1,678/mo rent supports operations. Total monthly income totals $1,678/mo and a $991/mo payment preserves $463/mo for cash returns. Annual cash flow comes to $5,551/yr on $67,129 deployed, and return on cash invested reaches 28.18% in year one. Equity gained on principal adds $1,307/yr, and five-year appreciation sums $55,947 alongside rental yield of 9.94%. Five-year ROI measures 146.98% and total cumulative return in cash totals $98,665.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,678/mo property income versus a $991/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1929
3,998 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Leslie Levy • @properties/Christie's Intl RE
Mls Name: NIRA
Mls Provider:
Mls ID: #813224
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