4900 Arthur St,Gary,IN,46408

Investment Highlights

Rental property for sale in Gary at 4900 Arthur St, Gary, IN, 46408 priced at $190,000 converts $1,784/mo rent into $643/mo cash flow after a $930/mo obligation. Total monthly income equals $1,784/mo, and annual cash flow totals $7,721/yr on $62,985 invested. Return on cash invested prints 32.17% in year one, and rental yield reads 11.27% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 168.36% and total cumulative return in cash sums $106,044. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,784/mo property income covering a $930/mo payment, not borrower’s personal income.