569 W 21st Ave,Gary,IN,46407

Investment Highlights

Rental property for sale in Gary at 569 W 21st Ave, Gary, IN, 46407 generates $1,099/mo in rent and, after a $674/mo payment, leaves $251/mo in cash flow. Total monthly income is $1,099/mo, and annual cash flow is $3,012/yr on $45,638 invested. Return on cash invested sits at 26.51% in year one, and rental yield is 9.58% on a $137,670 entry. Equity gained on principal adds $888/yr, while 5% annual appreciation builds toward $38,036 over five years. Five-year ROI reaches 138.15% and total cumulative return in cash sums $63,047. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,099/mo property income rather than buyer’s personal income.