2907 W 40th Pl,Gary,IN,46408

Investment Highlights

Investment property for sale in Gary at 2907 W 40th Pl, Gary, IN, 46408 offers a 13.08% rental yield on a $140,000 purchase with $1,526/mo rent. Total monthly income registers $1,526/mo, and a $685/mo payment leaves $686/mo available for distribution. Annual cash flow reaches $8,230/yr on $46,410 to close, and return on cash invested stands at 37.64% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 197.7% and total cumulative return in cash at $91,750. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,526/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.