1707 Adams 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 1707 Adams St, Gary, IN, 46407 uses $46,079 cash to close to unlock $3,155/yr annual cash flow and $263/mo monthly cash flow. Total monthly income runs $1,097/mo, and a $680/mo payment keeps the spread at $263/mo. Purchase price stands at $139,000, and rental yield measures 9.47% with $1,097/mo rent. Return on cash invested shows 26.76% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 139.29% and total cumulative return in cash records $64,184. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,097/mo property income covering a $680/mo payment rather than investor’s personal income.
Single Family
Built in 2016
9,060 sqft lot
$N/A/sqft
No HOA
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Listed by: Lutrell Kirk • Kirk & Company Your Home Sold
Mls Name: NIRA
Mls Provider:
Mls ID: #825976
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