5544 E 10th AveGaryIN46403
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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 5544 E 10th Ave, Gary, IN, 46403 offers a 8.4% rental yield on a $265,000 purchase with $1,855/mo rent. Total monthly income registers $1,855/mo, and a $1,297/mo payment leaves $264/mo available for distribution. Annual cash flow reaches $3,171/yr on $87,848 to close, and return on cash invested stands at 23.52% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 122% and total cumulative return in cash at $107,175. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,855/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46403, Gary, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,395 (100%) |
| Owner Occupied HU | 2,740 (42.8%) |
| Renter Occupied HU | 2,443 (38.2%) |
| Vacant Housing Units | 1,212 (19.0%) |
| Median Home Value | $169,037 |
| Average Home Value | $237,071 |
Housing Distribution
Address Breakdown
Residential
5,555
Single Family
5,028
Multi-Family
527
Businesses
250
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