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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 5083-5085 Jefferson St, Gary, IN, 46408 listed at $150,000 pairs $1,540/mo rent with a $734/mo payment to leave $640/mo cash flow. Total monthly income runs $1,540/mo, and annual cash flow reaches $7,677/yr on $49,725 cash to close. Return on cash invested measures 35.35% in year one, and rental yield registers 12.32% 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 185.4% and total cumulative return in cash totals $92,190. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,540/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
3,789 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-09-09 | Listed for sale | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Johnette Gore • Premier Midwest Realty, INC
Mls Name: NIRA
Mls Provider:
Mls ID: #809806
Disclaimer: Copyright 2024 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
