5041-5043 Jefferson 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
Investment property for sale in Gary at 5041-5043 Jefferson St, Gary, IN, 46408 listed at $150,000 pairs $1,558/mo rent with a $734/mo payment to leave $658/mo cash flow. Total monthly income runs $1,558/mo, and annual cash flow reaches $7,893/yr on $49,725 cash to close. Return on cash invested measures 35.78% in year one, and rental yield registers 12.46% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 187.74% and total cumulative return in cash totals $93,354. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,558/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1942
3,907 sqft lot
$N/A/sqft
No HOA
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Listed by: Johnette Gore • Premier Midwest Realty, INC
Mls Name: NIRA
Mls Provider:
Mls ID: #809802
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