4731 Madison 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 4731 Madison St, Gary, IN, 46408 priced at $204,000 converts $3,011/mo rent into $1,787/mo cash flow after a $998/mo obligation. Total monthly income equals $3,011/mo, and annual cash flow totals $21,443/yr on $67,626 invested. Return on cash invested prints 51.62% in year one, and rental yield reads 17.71% against a $204,000 entry. Equity gained on principal adds $1,316/yr, while 5% annual appreciation compiles into $56,361 by year five. Five-year ROI reaches 272.6% and total cumulative return in cash sums $184,348. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,011/mo property income covering a $998/mo payment, not borrower’s personal income.
Single Family
Built in 1946
5,096 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Isaiah Williams • Listing Leaders
Mls Name: NIRA
Mls Provider:
Mls ID: #810309
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-30 05:22:43 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#185)