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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Gary at 4523 E 6th Ave, Gary, IN, 46403 earns $665/mo cash flow from $1,980/mo rent with a $1,072/mo payment. Total monthly income totals $1,980/mo, and annual cash flow totals $7,983/yr on $72,599 capital. ROI tracks 30.91% on current figures, and rental yield reads 10.85% at a $219,000 purchase. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,506 over five years. Five-year ROI reaches 161.6% and total cumulative return in cash sums $117,321. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,980/mo property income instead of your personal income.
Single Family
Built in 1963
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46403, Gary, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,395 (100%) |
| Owner Occupied HU | 2,740 (42.8%) |
| Renter Occupied HU | 2,443 (38.2%) |
| Vacant Housing Units | 1,212 (19.0%) |
| Median Home Value | $169,037 |
| Average Home Value | $237,071 |
Residential
5,555
Single Family
5,028
Multi-Family
527
Businesses
250
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Corey Grieger • Listing Leaders
Mls Name: NIRA
Mls ID: #831987
