2354 Louisiana St,Gary,IN,46407

Investment Highlights

Rental property for sale in Gary at 2354 Louisiana St, Gary, IN, 46407 offers $1,806/mo rent that, after a $1,038/mo payment, leaves $533/mo cash flow. Total monthly income is $1,806/mo, and annual cash flow is $6,396/yr on $70,278 cash. Return on cash invested measures 29.01% in year one, and rental yield stands at 10.22% at a $212,000 entry. Equity gained on principal adds $1,368/yr while 5% annual appreciation compounds into $58,572 by year five. Five-year ROI records 151.47% and total cumulative return in cash reaches $106,447. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,806/mo property income versus a $1,038/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.