2027 Polk 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 2027 Polk St, Gary, IN, 46407 offers a 9.21% rental yield on a $164,500 purchase with $1,263/mo rent. Total monthly income registers $1,263/mo, and a $805/mo payment leaves $276/mo available for distribution. Annual cash flow reaches $3,308/yr on $54,532 to close, and return on cash invested stands at 25.98% in year one. Equity gained on principal adds $1,061/yr while 5% annual appreciation supports $45,448 over five years. Portfolio math shows five-year ROI at 135.13% and total cumulative return in cash at $73,690. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,263/mo property income against a $805/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
6,490 sqft lot
$N/A/sqft
No HOA
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Listed by: Armeca Ezell • RE/MAX 10 Schererville
Mls Name: NIRA
Mls Provider:
Mls ID: #807805
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