3642 Buchanan St, Gary, IN, 46408 | $322/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Gary at 3642 Buchanan St, Gary, IN, 46408 uses $59,637 cash to close to unlock $3,859/yr annual cash flow and $322/mo monthly cash flow. Total monthly income runs $1,402/mo, and a $881/mo payment keeps the spread at $322/mo. Purchase price stands at $179,900, and rental yield measures 9.35% with $1,402/mo rent. Return on cash invested shows 26.38% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 137.33% and total cumulative return in cash records $81,897. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,402/mo property income covering a $881/mo payment rather than investor’s personal income.

Single Family

Built in 1951

5,052 sqft lot

$N/A/sqft

No HOA