408 Pierce St, Gary, IN, 46402 | $277/mo Cash Flow

For Sale

Fix & Flip

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 408 Pierce St, Gary, IN, 46402 at $165,000 posts ROI 25.99% with $277/mo cash flow from $1,268/mo rent. Total monthly income equals $1,268/mo, and annual cash flow records $3,325/yr on $54,698 to close. Return on cash invested measures 25.99% and rental yield reads 9.22% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 135.27% and total cumulative return in cash totals $73,991.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,268/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1919

3,746 sqft lot

$N/A/sqft

No HOA