1320 Delaware St, Gary, IN, 46407 | $265/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 1320 Delaware St, Gary, IN, 46407 earns $265/mo cash flow from $1,646/mo rent with a $1,126/mo payment. Total monthly income totals $1,646/mo, and annual cash flow totals $3,181/yr on $76,245 capital. ROI tracks 24.08% on current figures, and rental yield reads 8.59% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 125.04% and total cumulative return in cash sums $95,335. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,646/mo property income instead of your personal income.

Single Family

Built in 1928

3,441 sqft lot

$N/A/sqft

No HOA