1297 W 17th Ave, Gary, IN, 46407 | $673/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Gary at 1297 W 17th Ave, Gary, IN, 46407 earns $673/mo cash flow from $1,822/mo rent with a $937/mo payment. Total monthly income totals $1,822/mo, and annual cash flow totals $8,073/yr on $63,482 capital. ROI tracks 32.63% on current figures, and rental yield reads 11.42% at a $191,500 purchase. Equity gained on principal adds $1,236/yr, and 5% annual appreciation supports $52,908 over five years. Five-year ROI reaches 170.81% and total cumulative return in cash sums $108,435. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,822/mo property income instead of your personal income.

Single Family

Built in 1949

3,136 sqft lot

$N/A/sqft

No HOA