4237 Harrison 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
Rental property for sale in Gary at 4237 Harrison St, Gary, IN, 46408 offers $1,344/mo rent that, after a $832/mo payment, leaves $324/mo cash flow. Total monthly income is $1,344/mo, and annual cash flow is $3,883/yr on $56,355 cash. Return on cash invested measures 26.8% in year one, and rental yield stands at 9.49% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 139.57% and total cumulative return in cash reaches $78,657. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,344/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
6,229 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Krystle Rogers • Signature Realty Group
Mls Name: NIRA
Mls Provider:
Mls ID: #819180
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