571 W 21st Ave, Gary, IN, 46407 | $162/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Gary at 571 W 21st Ave, Gary, IN, 46407 listed at $117,550 pairs $902/mo rent with a $575/mo payment to leave $162/mo cash flow. Total monthly income runs $902/mo, and annual cash flow reaches $1,949/yr on $38,968 cash to close. Return on cash invested measures 24.91% in year one, and rental yield registers 9.21% at a $117,550 basis. Equity gained on principal adds $759/yr, and annual property appreciation at 5% supports $32,477 by year five. Five-year ROI tracks 129.88% and total cumulative return in cash totals $50,610. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $902/mo property income relative to a $575/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Apartment

Built in 1927

3,005 sqft lot

$N/A/sqft

No HOA