2567 Washington 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
Rental property for sale in Gary at 2567 Washington St, Gary, IN, 46407 generates $852/mo in rent and, after a $538/mo payment, leaves $192/mo in cash flow. Total monthly income is $852/mo, and annual cash flow is $2,305/yr on $36,465 invested. Return on cash invested sits at 26.23% in year one, and rental yield is 9.29% on a $109,999 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 136.67% and total cumulative return in cash sums $49,835. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $852/mo property income rather than buyer’s personal income.
Single Family
Built in 1918
3,005 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Angelo Torres • Simplify Your Move! Realty Inc
Mls Name: NIRA
Mls Provider:
Mls ID: #819340
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