4200 Monroe St,Gary,IN,46408

Investment Highlights

Rental property for sale in Gary at 4200 Monroe St, Gary, IN, 46408 generates $1,312/mo in rent and, after a $929/mo payment, leaves $173/mo in cash flow. Total monthly income is $1,312/mo, and annual cash flow is $2,070/yr on $62,952 invested. Return on cash invested sits at 23.2% in year one, and rental yield is 8.29% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 120.27% and total cumulative return in cash sums $75,713. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,312/mo property income rather than buyer’s personal income.