260 Pierce StGaryIN46402
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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 260 Pierce St, Gary, IN, 46402 at $135,000 posts ROI 26.41% with $242/mo cash flow from $1,053/mo rent. Total monthly income equals $1,053/mo, and annual cash flow records $2,908/yr on $44,753 to close. Return on cash invested measures 26.41% and rental yield reads 9.36% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 137.5% and total cumulative return in cash totals $61,537.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,053/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1926
3,746 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: William Dulin • Listing Leaders
Mls Name: NIRA
Mls Provider:
Mls ID: #813025
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