6016 W 41st Ave, Gary, IN, 46408 | 4.97% Rental Yield

For Sale

Rental Income

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 6016 W 41st Ave, Gary, IN, 46408 earns from $1,320/mo rent with a $1,561/mo payment. Total monthly income totals $1,320/mo. ROI tracks 13.16% on current figures, and rental yield reads 4.97% at a $319,000 purchase. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 over five years. Five-year ROI reaches 66.44% and total cumulative return in cash sums $70,261. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,320/mo property income instead of your personal income.

Multi Family

Built in 1967

0.58 Acres lot

$N/A/sqft

No HOA