466 W 20th Pl,Gary,IN,46407

Investment Highlights

Investment property for sale in Gary at 466 W 20th Pl, Gary, IN, 46407 listed at $211,999 pairs $1,429/mo rent with a $1,038/mo payment to leave $156/mo cash flow. Total monthly income runs $1,429/mo, and annual cash flow reaches $1,872/yr on $70,278 cash to close. Return on cash invested measures 22.57% in year one, and rental yield registers 8.09% at a $211,999 basis. Equity gained on principal adds $1,368/yr, and annual property appreciation at 5% supports $58,571 by year five. Five-year ROI tracks 116.96% and total cumulative return in cash totals $82,195. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,429/mo property income relative to a $1,038/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).