3449 Buchanan St,Gary,IN,46408

Investment Highlights

Investment property for sale in Gary at 3449 Buchanan St, Gary, IN, 46408 offers a 9.42% rental yield on a $113,000 purchase with $887/mo rent. Total monthly income registers $887/mo, and a $553/mo payment leaves $209/mo available for distribution. Annual cash flow reaches $2,505/yr on $37,460 to close, and return on cash invested stands at 26.6% in year one. Equity gained on principal adds $729/yr while 5% annual appreciation supports $31,220 over five years. Portfolio math shows five-year ROI at 138.47% and total cumulative return in cash at $51,869. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $887/mo property income against a $553/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.