1212 W 47th AveGaryIN46408
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1212 W 47th Ave, Gary, IN, 46408 earns $173/mo cash flow from $883/mo rent with a $563/mo payment. Total monthly income totals $883/mo, and annual cash flow totals $2,075/yr on $38,123 capital. ROI tracks 25.35% on current figures, and rental yield reads 9.21% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 132.01% and total cumulative return in cash sums $50,325. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $883/mo property income instead of your personal income.
Single Family
Built in 1948
5,401 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Keene • BS Realty Services Indiana LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #824317
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.