3564 Jackson StGaryIN46408
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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 3564 Jackson St, Gary, IN, 46408 offers a 10.15% rental yield on a $209,700 purchase with $1,774/mo rent. Total monthly income registers $1,774/mo, and a $1,026/mo payment leaves $516/mo available for distribution. Annual cash flow reaches $6,187/yr on $69,516 to close, and return on cash invested stands at 28.81% in year one. Equity gained on principal adds $1,353/yr while 5% annual appreciation supports $57,936 over five years. Portfolio math shows five-year ROI at 150.35% and total cumulative return in cash at $104,513. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,774/mo property income against a $1,026/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
4,660 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Brian Waters • Mentor Listing Realty, Inc.
Mls Name: NIRA
Mls Provider:
Mls ID: #820806
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